(Job) Searching for Happiness

Today's Wall Street Journal contains an article on the use of an electronic market signaling system to help colleges and those getting doctorates in economics better match up for faculty positions.  The system, suggested by an economist and similar to one built into an online dataing system based on a similar suggestion, lets the applicant "ping" two and only two colleges in which she has a special interest.  This helps colleges know of serious interest by candidates they might not have otherwise considered.  If it works in this environment, the system might also help in others, including matching law students with jobs.  Alvin Roth, the Harvard professor who chairs the committee that implemented the system says:

"We want to make markets work more efficiently.  That would result in more people being happy with their jobs, in more firms being happy with their employees and presumably society being more productive."

I like his thinking.  Happy = productive.