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Technological Change and Market Design

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The Future of Economic Design

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Abstract

Technological innovations lead to new market designs and new designs catalyze the emergence of new technologies. Building on examples drawn from recent advances in medical, electricity, car, computing, and data collection technologies, this note discusses the relationship between technological change and market design with an emphasis on new questions for market design theory.

U. Zürich. For their comments, I would like to thank Ernst Fehr, Todd Hare, Anna Myjak-Pycia, Nick Netzer, Christian Ruff, Manuela Steinauer, and Utku Unver.

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Correspondence to Marek Pycia .

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Pycia, M. (2019). Technological Change and Market Design. In: Laslier, JF., Moulin, H., Sanver, M., Zwicker, W. (eds) The Future of Economic Design. Studies in Economic Design. Springer, Cham. https://doi.org/10.1007/978-3-030-18050-8_74

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