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01/01/2006

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alexbyx

I think that there are much less controversial ways to solve this problem. Simply adopt the "opt out" system for organs, where the persons who would "opt out" where relegated to the end of the lists of transplants, making it (if waiting lists continued to exist) impossible for the opt outs to get transplants (that seems fair!).
As for live donors of non essential organs, well I think a market could be created... something for society to discuss.

In regard to this kind of economic perspective on things, I think it's very interesting and useful, but more like sexual anatomy is interesting and useful to understand sex, but there is much more to it than that.

Greg Crespi

I recommend that any persons who are interested in thinking about the possibilities for introducing a form of a "futures" market for body organs take a look at my comprehensive Ohio State Law Journal article (55 Ohio State Law Journal 1 (1994)) that argues for such an approach, as well as some earlier work in this area by Lloyd Cohen and by Henry Hansmann.

Greg Crespi

christopher robertson

Prof Becker,

In your estimates of the market clearing prices for organs, did you include the endowment effect as a factor?

If people become so attached to a coffee cup that they received just minutes earlier that it makes trades nearly impossible, then it seems likely that oneís very organs could be exponentially more valued. Although seemingly paradoxical from a traditional rationalistic perspective, people may be more willing to give away their organs than sell them.

-ctr

James Stacey Taylor

I have a book on this subject that addresses all of teh objections above. It's called *Stakes and Kidneys: Why markets in huamn body parts are morally imperative* and can be found here:

https://www.ashgate.com/shopping/ title.asp?isbn=0%207546%204110%204

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