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Events

Home Events
“Mitigating Information Asymmetry in Liver Allocation” by Prof. Andrew J. Schaefer
14Mar
SEF Seminar Calendar, Seminar

“Mitigating Information Asymmetry in Liver Allocation” by Prof. Andrew J. Schaefer

14 Mar 2019 | 2:30pm - 4:00pm
KK 1301, K.K. Leung Bldg
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Speaker:
Professor Andrew J. Schaefer
Noah Harding Chair and
Professor of Computational and Applied Mathematics
Rice University

 

Abstract :

In accordance with the National Organ Transplant Act (NOTA), which requires the efficient and equitable allocation of donated organs, the United Network for Organ Sharing (UNOS) prioritizes patients on the liver-transplant waiting list within given geographic areas based mainly on their most recently reported health status. Accordingly, UNOS requires patients to update their health status at a frequency that depends on their last reported health status. However, patients may elect to update any time within the required timeframe, which creates opportunities to game the system, leading to information asymmetries between UNOS and the patients on the waiting list. This information asymmetry can be alleviated through more frequent updating requirements, but at the price of an increased update burden (e.g., data collection costs and patient inconvenience).

We propose a model that determines health reporting requirements that simultaneously minimize these two (possibly conflicting) criteria, i.e., inequity due to information asymmetry and update burden. Calibrating the model with clinical data, we examine (1) the degree to which an individual patient can benefit from the flexibility inherent to the current health reporting requirements, and (2) alternative recommendations that dominate the current requirements with respect to the two criteria of interest.

"Is the Chinese Anti-Corruption Campaign Authentic?" by Professor John Griffin13 Mar 2019
[Professional Seminar] Global Turbulence, Regional Solutions: Raise of Private Equity as an Alternative Asset ClassMarch 16, 2019 (Saturday)
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214th Congregation (Summer Congregation 2025)
7Jul-8Jul
Faculty Level | Event
214th Congregation (Summer Congregation 2025)
Grand Hall, Centennial Campus, HKU
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
18Jun
Economics | Seminar
Semiparametric Identification of the Discount Factor and Payoff Function in Dynamic Discrete Choice Models
18 June 2025 | 2:15 PM - 3:30 PM
KK 910 K. K. Leung Building, HKU
Prof. Katsumi Shimotsu
About Speaker
Professor Andrew J. Schaefer

Noah Harding Chair and Professor of Computational and Applied Mathematics Rice University

“Mitigating Information Asymmetry in Liver Allocation” by Prof. Andrew J. Schaefer
14 Mar 20192:30pm - 4:00pm
KK 1301, K.K. Leung Bldg
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