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News

Europe’s asylum system serves neither the refugees nor the countries.

07 Apr 2016

Oxford Academics', Will Jones and INET Oxford's Alex Teytelboym discuss the use of matching markets to control the flow of regugees into Europe, recently in the Washington Post.

'Matching markets are markets in which all the parties have to agree to the transaction. If you go to the supermarket, and you buy an apple, the apple doesn’t need to consent to that transaction. But in a matching market, you typically have two parties, and both of the parties have to consent to the particular match. In the refugee crisis, the two parties are refugees and local authorities. A refugee would have to agree to go to a particular local authority, and that local authority should want to take the refugee or the refugee family.'

 

Read the full article at The Washington Post.