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Can I read Bioethics, Rent-Seeking, and Death: Examining the Opposition to Kidney Markets on EtoBox?
Bioethics, Rent-Seeking, and Death: Examining the Opposition to Kidney Markets by Bertrand Lemennicier; Nikolai G. Wenzel is a Economics, Econometrics and Finance article available to read on EtoBox.
What is Bioethics, Rent-Seeking, and Death: Examining the Opposition to Kidney Markets about?
The market for kidneys offers a case study of Baptists and Bootleggers. In almost every country, sales are currently illegal and donated organs are allocated by a central planner. Thousands of people die every year, because of the shortage caused by the absence of markets. This paper starts by examining the free-market alternative, and shows that a market would solve the shortage (and thus unnecessary deaths). It then uses gains-from-trade analysis to explain why current vested interests oppose a move to a market, despite the immense potential for saved lives. In a shift to a market, gains from trade would be distributed away from lucky patients (who receive a zero-price kidney) and various industries that benefit from the shortage (dialysis, medical equipment, etc.); these "Bootleggers" form an alliance with "Baptists" (altruistic donors, large segments of the bioethics community, and organ allocation central planners).
Who reads Bioethics, Rent-Seeking, and Death: Examining the Opposition to Kidney Markets?
It is typically read by researchers, students, and practitioners in Economics, Econometrics and Finance.
- Author
- Bertrand Lemennicier; Nikolai G. Wenzel
- Publisher
- Walter de Gruyter GmbH
- Published
- 2021
- Language
- EN
- Field
- Economics, Econometrics and Finance (Social Sciences)