| University of Chicago FFIE Event Announcement | |
| COVID-19: Five Years Later (November 2025) | |
| Slides, May 2025 Published Version | |
| Missing Markets for Innovation: Evidence from New Uses for Existing Drugs | https://ericbudish.org/wp-content/uploads/2025/10/September_2025_Missing_Markets_for_Innovation.pdf |
| R<1 as an Economic Constraint | https://ericbudish.org/wp-content/uploads/2025/05/R_1-as-an-Economic-Constraint.pdf |
| Crypto’s Fatal Flaw: Trust, Scale, and the Economics of Blockchain | |
| North Korea’s $1.5 billion crypto hack exposes bitcoin’s weakness | https://ericbudish.org/wp-content/uploads/2025/02/2025-Feb-26-MarketWatch-Mark-Hulbert.pdf |
| Online Appendix | https://ericbudish.org/wp-content/uploads/2025/06/Trust-at-Scale-Online-Appendix.pdf |
| Trust at Scale: The Economic Limits of Cryptocurrencies and Blockchains | https://ericbudish.org/wp-content/uploads/2024/09/Trust-at-Scale-The-Economic-Limits-of-Cryptocurrencies-and-Blockchains-QJE-Feb-2025.pdf |
| Don’t get too excited, Bitcoin is still worthless | https://ericbudish.org/wp-content/uploads/2024/12/2024-Dec-5-Telegraph-James-Baxter-Derrington.pdf |
| New Course Enrollment System Proposed to Decrease Stress and Increase Equity | https://ericbudish.org/wp-content/uploads/2024/10/2024-Oct-24-The-Stanford-Daily-Supriya-Patel-1.pdf |
| Slides, 2024 Applied Theory Seminar | https://ericbudish.org/wp-content/uploads/2025/06/2024_Chicago_Applied_Theory_Seminar_slides_Trust_at_Scale.pdf |
| Remarks at Finance Experts Panel Conference (Oct 2024) | https://ericbudish.org/wp-content/uploads/2024/10/2024_Clark_Center_Finance_Experts_Panel_Slides_Cryptocurrencies_and_Blockchains.pdf |
| Clark Center Finance Experts Conference 2024 Program | |
| Slides: Experts Panel Conference (October 2024) | https://ericbudish.org/wp-content/uploads/2024/10/2024_Clark_Center_Finance_Experts_Panel_Slides_Cryptocurrencies_and_Blockchains.pdf |
| Crypto Brothers Front-Ran the Front-Runners | https://ericbudish.org/wp-content/uploads/2024/08/2024-May-16-Bloomberg-Matt-Levine.pdf |
| Draft available at arXiv:2405.09173 | https://ericbudish.org/wp-content/uploads/2023/08/The-Economic-Limits-of-Permissionless-Consensus.pdf |
| Tim Roughgarden Video Presentation | |
| A Theory of Stock Exchange Competition and Innovation: Will the Market Fix the Market? | https://ericbudish.org/wp-content/uploads/2024/09/A-Theory-of-Stock-Exchange-Competition-and-Innovation.pdf |
| Slides for 2023 Sveriges Riksbank 7th Annual Macroprudential Conference | https://ericbudish.org/wp-content/uploads/2023/12/2023-Aug-29-Blockchain-Technology-and-Stablecoins-slides.pdf |
| An Economic Framework for Vaccine Prioritization | https://ericbudish.org/wp-content/uploads/2024/01/An-Economic-Framework-for-Vaccine-Prioritization.pdf |
| Comment Letter on SEC Reg NMS Reforms Proposal | https://ericbudish.org/wp-content/uploads/2024/01/Budish-Reg-NMS-Reform-Comment-Letter.pdf |
| Sources for Appendix C: 51% Attacks, Crypto Thefts and Crypto Collapses to Date | https://ericbudish.org/wp-content/uploads/2023/12/Sources-for-Appendix-C-51-Percent-Attacks-Crypto-Thefts-and-Crypto-Collapses-to-Date-2.pdf |
| Wikipedia entry: Course allocation | |
| Scholastic Magazines for Kids | https://ericbudish.org/wp-content/uploads/2023/11/2023-Sept-Oct-Scholastic-Magazines-Mary-Kate-Frank.pdf |
| The Great Ticket Disaster | https://ericbudish.org/wp-content/uploads/2023/11/2023-Oct-Scholastic-Scope-Magazine-Mary-Kate-Frank.pdf |
| Flow Trading | https://ericbudish.org/wp-content/uploads/2022/06/Flow-Trading.pdf |
| Related Article in Scholastic Action Magazine | https://ericbudish.org/wp-content/uploads/2023/11/2023-Sept-Scholastic-Action-Magazine-Mary-Kate-Frank.pdf |
| Blockchain Technology in Traditional Finance | https://ericbudish.org/wp-content/uploads/2024/04/Blockchain-Technology-in-Traditional-Finance.pdf |
| Presentation at Sveriges Riksbank 7th Annual Macroprudential Conference (Aug 2023) | https://ericbudish.org/wp-content/uploads/2023/12/Blockchain-Technology-and-Stablecoins-in-Traditional-Finance.pdf |
| The Economic Limits of Permissionless Consensus | https://ericbudish.org/wp-content/uploads/2025/09/The-Economic-Limits-of-Permissionless-Consensus-Sept-2025.pdf |
| High-Frequency Trading and the Design of Financial Markets | |
| How the Dysfunctional Ticketing Market Harms Artists & Fans — And What Can Be Done to Fix It | https://ericbudish.org/wp-content/uploads/2023/07/2023-Jul-18-Billboard-Taylor-Mims.pdf |
| Federal Reserve Bank of Richmond TED Conference | |
| NBER New Directions in Market Design Conference, Spring 2023 | |
| Angry Taylor Swift Fans Push Lawmakers to Take on Ticketmaster | https://ericbudish.org/wp-content/uploads/2023/06/2023-June-13-Washington-Post-Andrea-Salcedo-and-Julian-Mark.pdf |
| Practical Algorithms and Experimentally Validated Incentives for Equilibrium-based Fair Division (A-CEEI) | https://ericbudish.org/wp-content/uploads/2023/05/Practical-Algorithms-and-Experimentally-Validated-Incentives-1.pdf |
| Market Design and Innovation (May 2023) | |
| Al Roth’s Market Design Blog | |
| Viewpoint: The Case for Frequent Batch Auctions (May 2023) | |
| Discussion of ‘Would Order-by-Order Auctions be Competitive?’ at the SEC, 10th Annual Conference on Financial Market Regulation, May 2023 | |
| Appendix, Theory of Stock Exchange | https://ericbudish.org/wp-content/uploads/2023/06/A_Theory_of_Stock_Exchange_Competition_and_Innovation_Appendix.pdf |
| The Economic Limits of Cryptocurrencies and Anonymous, Decentralized Trust on the Blockchain (April 2023) | |
| Two Choices for Selling Tickets | https://ericbudish.org/wp-content/uploads/2024/08/2023-Apr-11-Conversable-Economist-Timothy-Taylor.pdf |
| Comment Letter on SEC Retail Investor Auctions Proposal | https://ericbudish.org/wp-content/uploads/2023/04/Budish-Comment-letter-order-by-order-competition-March-2023.pdf |
| Market Design and Live Events | |
| Beyoncé Is Going on Tour. Is Ticketmaster Ready? | https://ericbudish.org/wp-content/uploads/2023/02/Beyonce_is_going_on_tour_Is_Ticketmaster_ready_The_Washington_Post.pdf |
| Appendix, Primary Market Auctions | https://ericbudish.org/wp-content/uploads/2023/01/Online-Appendix.pdf |
| Replication Package | |
| Primary-Market Auctions for Event Tickets: Eliminating the Rents of “Bob the Broker”? | https://ericbudish.org/wp-content/uploads/2023/01/Ticket-Auctions-Bob-the-Broker-AEJ-Micro-2023.pdf |
| Everyone Hates Ticketmaster. Is Everyone Wrong? | https://ericbudish.org/wp-content/uploads/2023/01/Hating-Ticketmaster-long-predates-the-Taylor-Swift-fiasco.pdf |
| What an Unusual Auction Says About the Art Market | https://ericbudish.org/wp-content/uploads/2023/03/Going_Dutch.pdf |
| Distributing a Billion Vaccines: COVAX Successes, Challenges, and Opportunities | https://ericbudish.org/wp-content/uploads/2023/01/Distributing-a-Billion-Vaccines-COVAX.pdf |
| Taylor Swift’s Ticketmaster Meltdown: What Happened? Who’s to Blame? | https://ericbudish.org/wp-content/uploads/2022/12/Taylor-Swifts-Ticketmaster-meltdown_-What-happened_-Whos-to-blame_-The-Washington-Post.pdf |
| Chicago Trading Firms Will Feel Shock Waves From FTX Bankruptcy | https://ericbudish.org/wp-content/uploads/2022/11/FTX-bankruptcy-will-affect-DRW-Jump-SME-Cboe-trading-_-Crains-Chicago-Business.pdf |
| Harvard Harris Lecture: The Economics of Cryptocurrencies (November 2022) | |
| Appendix, Theory of Stock Exchange Earlier Version | |
| How Costly is Trust in the Blockchain? | https://ericbudish.org/wp-content/uploads/2022/07/How-costly-is-trust-in-the-blockchain_-Marginal-REVOLUTION.pdf |
| Preparing for a Pandemic: Accelerating Vaccine Availability | https://ericbudish.org/wp-content/uploads/2021/03/Market-Design-for-Vaccine-Supply-2022-AEAs.pdf |
| Seminar Slides, UPenn (Aug 2017) | https://ericbudish.org/wp-content/uploads/2024/02/Budish-Kessler-Management-Science-2017-Talk-slides-1.pdf |
| AEA/AFA Joint Luncheon Address, Will the Market Fix the Market? | |
| Slides, 2018 NBER Summer Institute | https://ericbudish.org/wp-content/uploads/2022/03/economic_limits_slides_nber2018.pdf |
| Flow Trading | https://ericbudish.org/wp-content/uploads/2022/06/Flow-Trading-Slides-June-2022.pdf |
| Primary-Market Auctions for Event Tickets | https://ericbudish.org/wp-content/uploads/2021/09/Primary-Market-Auctions-for-Event-Tickets-Slides-_June_2018.pdf |
| Slides, An Economic Framework for Vaccine Prioritization | https://ericbudish.org/wp-content/uploads/2022/01/An-Economic-Framework-for-Vaccine-Prioritization-June-2022-Slides.pdf |
| Slides, Will the Market Fix the Market? | https://ericbudish.org/wp-content/uploads/2017/01/4-Will-the-Market-Fix-the-Market-Slides-AEA-AFA-Joint-Luncheon-2017.pdf |
| Designing Random Allocation Mechanisms Seminar Slides (Oct 2010) | https://ericbudish.org/wp-content/uploads/2022/07/Designing-Random-Allocation-Mechanisms-Seminar-Slides-Oct-2010.pdf |
| Slides, Do Firms Underinvest in Long-Term Research? | https://ericbudish.org/wp-content/uploads/2022/07/Do-Firms-Underinvest-Seminar-Slides-April-2015.pdf |
| Policy Audience Slides (FCA, Feb 2016) | https://ericbudish.org/wp-content/uploads/2022/07/HFT-Arms-Race-Policy-Audience-Slides-Feb-2016.pdf |
| ACM EC Panel Discussion Slides (June 2018) | https://ericbudish.org/wp-content/uploads/2022/07/SPL-ACMEC-panel-Slides-June-2018.pdf |
| Transcript, Why Is the Live-Event Ticket Market So Screwed Up? | No PDF |
| Transcript, Does the Crypto Crash Mean the Blockchain Is Over? | No PDF |
| Behind the Celsius Sales Pitch was a Crypto Firm Built on Risk | https://ericbudish.org/wp-content/uploads/2022/06/Behind-the-Celsius-Sales-Pitch-Was-a-Crypto-Firm-Built-on-Risk-WSJ.pdf |
| Freakonomics Podcast, Does the Crypto Crash Mean the Blockchain Is Over? | https://ericbudish.org/wp-content/uploads/2022/06/Transcript_Does-the-Crypto-Crash-Mean-the-Blockchain-Is-Over-Freakonomics.pdf |
| June 2022 working paper version (see Section 7 on Bitcoin collapse scenarios) | https://ericbudish.org/wp-content/uploads/2018/06/Economic-Limits-Bitcoin-Blockchain-June-2022.pdf |
| How ‘Trustless’ Is Bitcoin, Really? | https://ericbudish.org/wp-content/uploads/2022/06/How-‘Trustless-Is-Bitcoin-Really_-The-New-York-Times.pdf |
| Can Market Participants Report their Preferences Accurately (Enough)? | https://ericbudish.org/wp-content/uploads/2021/06/Can-Market-Participants-Report-Their-Preferences-Accurately-Enough.pdf |
| Northwestern University (May 2022) | https://ericbudish.org/wp-content/uploads/2018/06/Economic-Limits-Bitcoin-Blockchain-June-2022.pdf |
| Cognomos | |
| Wikipedia entry: A-CEEI | |
| Wikipedia entry: EF1 | |
| Wikipedia entry: Maximin share | |
| CV | No PDF |
| The Economics of Cryptocurrencies (April 2022) | |
| Exchange Message Data Codebook | |
| Quantifying the High-Frequency Trading “Arms Race” | https://ericbudish.org/wp-content/uploads/2022/02/Quantifying-the-High-Frequency-Trading-Arms-Race.pdf |
| AEA Presentation (Jan 2022) | https://ericbudish.org/wp-content/uploads/2022/07/A-Theory-of-Stock-Exchange-Jan-2022-Presentation-Slides.pdf |
| Politicians Want to Ban Bot-Fueled Online SHopping. Experts Agree. | https://ericbudish.org/wp-content/uploads/2023/05/2021-Nov-30-Mashable-Jack-Morse.pdf |
| Podcast Transcript | https://ericbudish.org/wp-content/uploads/2021/11/2021-Nov-1-Slate-Seth-Stevenston.pdf |
| Data and Code Appendix | https://ericbudish.org/wp-content/uploads/2022/03/Code_and_Data_Appendix.pdf |
| Why Are Bots Buying Sneakers? | |
| You Could Be Competing With Bots to Buy Gifts This Christmas | https://ericbudish.org/wp-content/uploads/2021/10/When-it-comes-to-online-shopping-you-might-be-competing-with-super-speedy-greedy-bots_.pdf |
| Market Design | https://ericbudish.org/wp-content/uploads/2021/10/Ch-10-Market-Design.pdf |
| Market Design for Covid-19 vaccine supply | |
| How High-Frequency Traders Are Costing the Rest of Us Billions of Dollars Each Year | https://ericbudish.org/wp-content/uploads/2021/08/Opinion_-How-high-frequency-traders-are...pdf |
| Measuring the 15-Microsecond Dash with Professor Eric “Batch” Budish | |
| We Can Sustainably End the Pandemic with 7.2 Billion Vaccine Courses a Year: Chicago Booth’s Eric Budish | https://ericbudish.org/wp-content/uploads/2022/03/economic_times_sustainably_end_pandemic_with_7.2_billion_vaccine_courses.pdf |
| Management Conference ’21: Perspectives on COVID-19 | |
| Seminar slides | https://ericbudish.org/wp-content/uploads/2022/03/Quantifying_HFT_Races_Slides.pdf |
| Bitcoin Holders Have No Choice but to Trust in Chinese Crypto Miners | https://ericbudish.org/wp-content/uploads/2022/03/marketwatch_bitcoin_holders_have_no_choice_but_to_trust_in_chinese_crypto_miners.pdf |
| How Can More Covid-19 Vaccines be Made Available? | https://ericbudish.org/wp-content/uploads/2022/03/economist_how_can_more_vaccines_be_made_available.pdf |
| Online Appendix | https://ericbudish.org/wp-content/uploads/2024/12/Online-appendix-1.pdf |
| Preparing for a Pandemic: Accelerating Vaccine Availability | https://ericbudish.org/wp-content/uploads/2022/03/preparing_pandemic.pdf |
| The Big Pharma CEO Who’s Helping to Put an End to COVID-19 | https://ericbudish.org/wp-content/uploads/2022/03/newsweek_big_pharma_ceo_helping_end_covid_19.pdf |
| Bigger Is Better When It Comes to Vaccine Production | https://ericbudish.org/wp-content/uploads/2022/03/wsj_op-ed_bigger_is_better.pdf |
| Market Design to Accelerate Covid-19 Vaccine Supply | https://ericbudish.org/wp-content/uploads/2022/03/market_design_accelerate_covid_19_vaccine_supply.pdf |
| How Is This Legal? | https://ericbudish.org/wp-content/uploads/2021/03/Resale-ticket-market-leaves-fans-feeling-manipulated-and-angry.pdf |
| Virtual MD Seminar Presentation, March 2021 | |
| Supplementary Materials | https://ericbudish.org/wp-content/uploads/2024/12/Online-appendix.pdf |
| Think GameStop Is Wild? Meet Dogecoin, the Meme-Inspired Digital Currency That Began As a Joke and Is Now Worth Billions | https://ericbudish.org/wp-content/uploads/2022/03/chicago_tribune_meet_dogecoin.pdf |
| William Watson: Carrots, Sticks and Sledgehammers | https://ericbudish.org/wp-content/uploads/2022/03/financial_post_covid_policy_preference.pdf |
| Updated Slides for Talks in January 2021 | https://ericbudish.org/wp-content/uploads/2021/01/maximize_utility_subject_r_1_slides.pdf |
| Nov 2020 NBER Working Paper No. w28093 | https://ericbudish.org/wp-content/uploads/2022/03/maximize_utility_subject_r_1.pdf |
| The Future of Money | |
| A Theory of Stock Exchange Competition and Innovation: Will the Market Fix the Market? | https://ericbudish.org/wp-content/uploads/2022/03/theory_stock_exchange_competition_innovation_7-1-2020.pdf |
| FCA Occasional Paper landing page with brief summary and links | https://ericbudish.org/wp-content/uploads/2022/03/fca_occasional_paper_landing_page_brief_summary_links.pdf |
| Quantifying the High-Frequency Trading ‘Arms Race’: A new methodology and estimates | |
| June 2020 Addendum to Occasional Paper 50 | https://ericbudish.org/wp-content/uploads/2022/03/june_2020_addendum_occasional_paper_50.pdf |
| R<1 as an Economic Constraint (May 2020) | |
| Slides, May 2020 | https://ericbudish.org/wp-content/uploads/2022/03/r_1_slides_stiglerconferenceoncovid19may72020.pdf |
| An Improved Bound for the Shapley-Folkman Theorem | https://ericbudish.org/wp-content/uploads/2022/03/shapley_folkman_theory.pdf |
| R<1 as an Economic Constraint (April 2020) | |
| Slides, April 9th 2020 “IGM Conference on the Covid-19 Crisis” | https://ericbudish.org/wp-content/uploads/2022/03/r_1_slides_igmconferencecovid19crisisapril92020.pdf |
| April 1st 2020 draft: “R<1 as an Economic Constraint: Can we 'Expand the Frontier' in the Fight Against Covid-19?" | https://ericbudish.org/wp-content/uploads/2022/03/r_1_economic_constraint_4-1-2020.pdf |
| IGM Covid-19 Research Page | |
| Three Pillars of the Economic Policy Response to the Covid-19 Crisis | https://ericbudish.org/wp-content/uploads/2022/03/three_pillars_economic_policy_response_covid_19_crisis.pdf |
| SEC Feb. 2020 Proposal re: Market Data Infrastructure | https://ericbudish.org/wp-content/uploads/2022/03/sec_feb_2020_proposal_market_data_infrastructure_securitiesandexchangecommission.pdf |
| Money Stuff: Latency Arbitrage | https://ericbudish.org/wp-content/uploads/2022/03/matt_levine_quantifyinghft.pdf |
| FCA Insight Brief Description of “Quantifying the High-Frequency Trading ‘Arms Race'” | https://ericbudish.org/wp-content/uploads/2022/03/fca_insight_brief_description_paper_matteoaquilinapeteroneill.pdf |
| FCA Researchers Outline $5bn ‘Tax’ Imposed by High-Speed Trading | https://ericbudish.org/wp-content/uploads/2020/01/17-FT-Philip-Stafford.pdf |
| UK Financial Conduct Authority Occasional Paper 50 | https://ericbudish.org/wp-content/uploads/2022/03/uk_financial_conduct_authority_occasional_paper.pdf |
| Ultrafast Trading Costs Stock Investory Nearly $5 Billion a Year, Study Says | https://ericbudish.org/wp-content/uploads/2022/03/wsj_ultrafast_trading_costs_investors.pdf |
| SEC Commissioner Jackson | https://ericbudish.org/wp-content/uploads/2022/03/sec_commissioner_jackson_robertjjacksonjr.pdf |
| Frustrated with Event Ticketing? New Ventures Try to Help | https://ericbudish.org/wp-content/uploads/2024/08/2019-Aug-24-AP-News-Jamie-Stengle.pdf |
| Slides as PDF | https://ericbudish.org/wp-content/uploads/2019/06/Budish-FTC-Keynote-How-to-Fix-the-Market-for-Event-Tickets-Slides.updated-20231220.pdf |
| PowerPoint Slides with Speaking Notes | No PDF |
| Slides as PDF with Speaking Notes | https://ericbudish.org/wp-content/uploads/2019/06/Budish-FTC-Keynote-How-to-Fix-the-Market-for-Event-Tickets-Slides-w-Speaking-Notes.updated-20231220.pdf |
| FTC Keynote Talk, How to Fix the Market for Event Tickets | |
| The Trades Are Free, the Data Will Cost You | https://ericbudish.org/wp-content/uploads/2022/03/trades_are_free_data_will_cost.pdf |
| Presentation on Bitcoin Research at the May 2019 Atlanta Fed Financial Markets Conference | https://ericbudish.org/wp-content/uploads/2022/03/atlanta_fed_transcript.pdf |
| Response to ESMA’s Call for Evidence re Periodic Auctions | https://ericbudish.org/wp-content/uploads/2022/03/response_esmas_call_evidence_periodic_auctions.pdf |
| AFA panel “Blockchain: Myth and Reality” | |
| Bitcoin Is Less Secure Than Most People Think | https://ericbudish.org/wp-content/uploads/2022/03/marginal_revolution_bitcoin_less_secure_than_people_think.pdf |
| Transcript and audio recording, Atlanta Fed | |
| SEC Commissioner Calls for Regulators to Bolster Market Oversight | https://ericbudish.org/wp-content/uploads/2018/09/20-WSJ-Gretchen-Morgenson.pdf |
| Strategy-proofness in the Large | https://ericbudish.org/wp-content/uploads/2022/03/strategyproofness_large.pdf |
| Why Bitcoin Will Never Replace Gold | https://ericbudish.org/wp-content/uploads/2022/03/barrons_why_bitcoin_will_never_replace_gold.pdf |
| Rental Attacks Mean That Blockchains Must Evolve or Die | https://ericbudish.org/wp-content/uploads/2018/07/4-Techcrunch-Abraham-Othman.pdf |
| Primary-Market Auctions for Event Tickets: Eliminating the Rents of “Bob the Broker”? | https://ericbudish.org/wp-content/uploads/2022/03/primarymarket_auctions_event_tickets_07-18-2018.pdf |
| Appendix, Strategy Proofness in the Large | https://ericbudish.org/wp-content/uploads/2022/03/supplementary_appendix_strategyproofness_large.pdf |
| Bitcoin Looks More Like Gold Than a Currency | https://ericbudish.org/wp-content/uploads/2022/03/bloomberg_bitcoin_looks_more_like_gold_than_currency.pdf |
| Bitcoin’s Inherent Economics Could Keep It from Ever Being Very Important | https://ericbudish.org/wp-content/uploads/2022/03/mit_technology_review_bitcoins_inherent_economics_keeps_growth_constrained.pdf |
| June 2018 NBER Working Paper version (see early versions of equations [1]-[3] and Bitcoin collapse scenarios) | https://ericbudish.org/wp-content/uploads/2022/03/economic_limits_bitcoin_blockchain.pdf |
| Performance Ticket Auctions: Going, Going, Gone | https://ericbudish.org/wp-content/uploads/2022/03/nber_digest_performance_ticket_auctions.pdf |
| Podcast Transcript | https://ericbudish.org/wp-content/uploads/2022/07/Transcript_-Why-Is-the-Live-Event-Ticket-Market-So-Screwed-Up-Freakonomics.pdf |
| Why Is the Live-Event Ticket Market So Screwed Up? | |
| Performance Ticket Auctions: Going, Going, Gone | https://ericbudish.org/wp-content/uploads/2024/08/2017-Dec-The-NBER-Digest-Laurent-Belsie.pdf |
| Fans Watch Taylor Swift, Economists Watch the Fans | |
| Course Match: A Large-Scale Implementation of Approximate Competitive Equilibrium from Equal Incomes for Combinatorial Allocation | https://ericbudish.org/wp-content/uploads/2017/06/3-Course-Match-A-Large-Scale-Implementation-of-Approximate-Competitive-Equilibrium-from-Equal-Incomes-for-Combinatorial-Allocation-2017-Operations-Research.pdf |
| AEA/AFA Joint Luncheon Address, Will the Market Fix the Market? | |
| Transcript, Will the Market Fix the Market? | |
| 2016 Working Paper Version | https://ericbudish.org/wp-content/uploads/2022/03/strategyproofness_large_9-2-2016.pdf |
| Appendix, Patents and Research Investments | https://ericbudish.org/wp-content/uploads/2022/03/patents_online_appendix.pdf |
| Patents and Research Investments: Assessing the Empirical Evidence | https://ericbudish.org/wp-content/uploads/2022/03/patents_research_investments.pdf |
| Response to RFI on the Evolution of the U.S. Treasury Market Structure | https://ericbudish.org/wp-content/uploads/2022/03/response_rfi_evolution_us_treasury_market_structure.pdf |
| Comment Letter on Proposed Commission Interpretation of One Millisecond as De Minimis | https://ericbudish.org/wp-content/uploads/2022/03/comment_letter_proposed_commission_interpretation_one_millisecond_de_minimis.pdf |
| IEX Comment Letter | https://ericbudish.org/wp-content/uploads/2022/03/iex_comment_letter.pdf |
| Why Preventing Cancer Is Not the Priority in Drug Development | https://ericbudish.org/wp-content/uploads/2022/03/new_york_times_why_preventing_cancer_is_not_the_priority.pdf |
| Appendix, High-Frequency Trading Arms Race | https://ericbudish.org/wp-content/uploads/2022/03/online_appendix_high_frequency_trading_arms_race.pdf |
| The High-Frequency Trading Arms Race: Frequent Batch Auctions as a Market Design Response | https://ericbudish.org/wp-content/uploads/2022/03/high_frequency_trading_arms_race.pdf |
| What Cures Are We Missing Out On? | https://ericbudish.org/wp-content/uploads/2022/03/bloomberg_what_cures_are_we_missing_out_on.pdf |
| Seminar Slides (Sept 2015) | https://ericbudish.org/wp-content/uploads/2022/03/high_frequency_trading_arms_race_slides_seminar2015.pdf |
| Do Firms Underinvest in Long-Term Research? Evidence from Cancer Clinical Trials | https://ericbudish.org/wp-content/uploads/2022/03/do_firms_underinvest_longterm_research.pdf |
| Frequent but Inefficient | https://ericbudish.org/wp-content/uploads/2022/03/economist_frequent_but_inefficient.pdf |
| Technology Brings Choice to MBA Students | https://ericbudish.org/wp-content/uploads/2022/03/ft_technology_brings_choice_to_mba_students.pdf |
| Patents That Kill | https://ericbudish.org/wp-content/uploads/2022/03/economist_patents_that_kill.pdf |
| Slowing Down the Stock Market | https://ericbudish.org/wp-content/uploads/2022/03/bloomberg_slowing_down_the_stock_market.pdf |
| Slides, Jerusalem Summer School (Summer 2014) | https://ericbudish.org/wp-content/uploads/2022/07/combinatorial-assignment-theory-data-practice-jerusalemsummerschool2014.pdf |
| SEC Chair White Speech | https://ericbudish.org/wp-content/uploads/2022/03/sec_chair_white_speech_maryjowhite.pdf |
| Implementation Details for Frequent Batch Auctions: Slowing Down Markets to the Blink of an Eye | https://ericbudish.org/wp-content/uploads/2022/03/implementation_details_frequent_batch_auctions.pdf |
| Everything You Need to Know About High-Frequency Trading | https://ericbudish.org/wp-content/uploads/2022/03/atlantic_everything_you_need_to_know_about_hft.pdf |
| Professor Proposes Slowing Down Automated Trading | https://ericbudish.org/wp-content/uploads/2022/03/chicago_tribune_ameetsachdev.pdf |
| High-Speed Traders Still Trading Faster than Low-Speed Traders | https://ericbudish.org/wp-content/uploads/2024/02/2014-Mar-18-Bloomberg-Matt-Levine.pdf |
| New York Attorney General Speech | https://ericbudish.org/wp-content/uploads/2022/03/ny_ag_speech.pdf |
| Declawing Speed Traders Is Goal of Stock Market Revamp Proposal | https://ericbudish.org/wp-content/uploads/2022/03/bloomberg_declawing_speed_traders_is_goal_of_stock_market_revamp_proposal.pdf |
| CFTC Comment Letter | https://ericbudish.org/wp-content/uploads/2022/03/cftc_comment_letter.pdf |
| CFTC’s Technology Advisory Committee Meeting | |
| Is high frequency trading good for financial markets? | |
| Gaming Wharton’s Course Scheduling System Just Got Tougher | https://ericbudish.org/wp-content/uploads/2022/03/bloomberg_wharton_mba_course_scheduling_system.pdf |
| Why Aren’t There More Cancer Vaccines? | https://ericbudish.org/wp-content/uploads/2022/03/slate_blame_patent_law_for_lack_of_cancer_vaccines.pdf |
| The Need for Less Speed | https://ericbudish.org/wp-content/uploads/2022/03/ft_timharford_the_need_for_less_speed.pdf |
| Slides, Matching in Practice Conference | https://ericbudish.org/wp-content/uploads/2022/03/matching_slides_matchinginpracticeconference2013.pdf |
| Appendix, Designing Random Allocation Mechanisms | https://ericbudish.org/wp-content/uploads/2022/03/online_appendices_designing_random_allocation_mechanisms.pdf |
| Designing Random Allocation Mechanisms: Theory and Applications | https://ericbudish.org/wp-content/uploads/2022/03/designing_random_allocation_mechanisms.pdf |
| Matching “Versus” Mechanism Design | https://ericbudish.org/wp-content/uploads/2022/03/matching_mechanism_design.pdf |
| Seminar Slides (Nov 2012) | https://ericbudish.org/wp-content/uploads/2022/07/SPL-Seminar-Slides-Nov-2012.pdf |
| Appendix, Multi-Unit Assignment Problem | https://ericbudish.org/wp-content/uploads/2022/03/multi_unit_assignment_problem_appendix.pdf |
| The Multi-Unit Assignment Problem: Theory and Evidence from Course Allocation at Harvard | https://ericbudish.org/wp-content/uploads/2022/03/multi_unit_assignment_problem.pdf |
| Appendix, Combinatorial Assignment Problem | |
| Implementation at Wharton | |
| The Combinatorial Assignment Problem: Approximate Competitive Equilibrium from Equal Incomes | https://ericbudish.org/wp-content/uploads/2022/03/combinatorial_assignment_problem.pdf |
| Wharton “Course Match” website | |
| 2010 Working Paper Version | No PDF |
| Finding Approximate Competitive Equilibria: Efficient and Fair Course Allocation | https://ericbudish.org/wp-content/uploads/2022/03/finding_approximate_competitive_equilibria.pdf |
| Slides, Economic Theory Seminar | https://ericbudish.org/wp-content/uploads/2022/03/combinatorial_assignment_problem_working_paper_08-06-2010.pdf |
| Slides, Columbia Seminar (Nov 2009) | https://ericbudish.org/wp-content/uploads/2022/07/comboassignment_bothpapers_Seminar-Slides-Nov-2009.pdf |
| Job Market Talk Slides (Feb 2009) | https://ericbudish.org/wp-content/uploads/2009/02/ApproxCEEI_JobTalkSlides-Feb-2009.pdf |
| Buy Prices in Online Auctions: Irrationality on the Internet? | https://ericbudish.org/wp-content/uploads/2022/03/buy_prices.pdf |
