IDEAS home Printed from https://ideas.repec.org/a/bla/coecpo/v25y2007i2p131-145.html
   My bibliography  Save this article

Kidney Transplants And The Shortage Of Donors: Is A Market The Answer?

Author

Listed:
  • ALISON J. WELLINGTON
  • JUSTIN B. WHITMIRE

Abstract

This article examines the problem of kidney shortages for transplant in the United States. Following a study by Kaserman and Barnett, we reexamine the viability of allowing a market for cadaveric kidneys and estimate the implied equilibrium price based on our survey responses. In sharp contrast to the findings of Kaserman and Barnett, we estimate that a market equilibrium price for cadaveric kidneys may be prohibitively high. Consequently, we support other policy alternatives to increase supply, particularly presumed consent and mandated choice. Our findings also highlight the importance of obtaining data through experiments, rather than a survey, to estimate the impact of financial incentives. (JEL I18, I12, I00)

Suggested Citation

  • Alison J. Wellington & Justin B. Whitmire, 2007. "Kidney Transplants And The Shortage Of Donors: Is A Market The Answer?," Contemporary Economic Policy, Western Economic Association International, vol. 25(2), pages 131-145, April.
  • Handle: RePEc:bla:coecpo:v:25:y:2007:i:2:p:131-145
    DOI: 10.1111/j.1465-7287.2007.00035.x
    as

    Download full text from publisher

    File URL: https://doi.org/10.1111/j.1465-7287.2007.00035.x
    Download Restriction: no

    File URL: https://libkey.io/10.1111/j.1465-7287.2007.00035.x?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Abadie, Alberto & Gay, Sebastien, 2006. "The impact of presumed consent legislation on cadaveric organ donation: A cross-country study," Journal of Health Economics, Elsevier, vol. 25(4), pages 599-620, July.
    2. James Murphy & P. Allen & Thomas Stevens & Darryl Weatherhead, 2005. "A Meta-analysis of Hypothetical Bias in Stated Preference Valuation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 30(3), pages 313-325, March.
    3. Hurd, Michael D, 1999. "Anchoring and Acquiescence Bias in Measuring Assets in Household Surveys," Journal of Risk and Uncertainty, Springer, vol. 19(1-3), pages 111-136, December.
    4. T. Randolph Beard & David L. Kaserman & Richard P. Saba, 2004. "Limits to Altruism: Organ Supply and Educational expenditures," Contemporary Economic Policy, Western Economic Association International, vol. 22(4), pages 433-441, October.
    5. A. Frank Adams Iii & A. H. Barnett & David L. Kaserman, 1999. "Markets For Organs: The Question Of Supply," Contemporary Economic Policy, Western Economic Association International, vol. 17(2), pages 147-155, April.
    6. Hurd, Michael D, 1999. "Anchoring and Acquiescence Bias in Measuring Assets in Household Surveys," Journal of Risk and Uncertainty, Springer, vol. 19(1-3), pages 111-136, December.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Kurt E. Schnier & Robert M. Merion & Nicole Turgeon & David Howard, 2018. "Subsidizing Altruism In Living Organ Donation," Economic Inquiry, Western Economic Association International, vol. 56(1), pages 398-423, January.
    2. Jon Diesel, 2010. "Do Economists Reach a Conclusion on Organ Liberalization?," Econ Journal Watch, Econ Journal Watch, vol. 7(3), pages 320-336, September.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. David Aadland & Arthur Caplan & Owen Phillips, 2007. "A Bayesian examination of information and uncertainty in contingent valuation," Journal of Risk and Uncertainty, Springer, vol. 35(2), pages 149-178, October.
    2. Kurt E. Schnier & Robert M. Merion & Nicole Turgeon & David Howard, 2018. "Subsidizing Altruism In Living Organ Donation," Economic Inquiry, Western Economic Association International, vol. 56(1), pages 398-423, January.
    3. Butler, Monika & Teppa, Federica, 2005. "Should You Take a Lump-Sum or Annuitize? Results from Swiss Pension Funds," CEPR Discussion Papers 5316, C.E.P.R. Discussion Papers.
    4. van Soest, Arthur & Hurd, Michael, 2008. "A Test for Anchoring and Yea-Saying in Experimental Consumption Data," Journal of the American Statistical Association, American Statistical Association, vol. 103, pages 126-136, March.
    5. Winter, Joachim, 0000. "Bracketing effects in categorized survey questions and the measurement of economic quantities," Sonderforschungsbereich 504 Publications 02-35, Sonderforschungsbereich 504, Universität Mannheim;Sonderforschungsbereich 504, University of Mannheim.
    6. R Alessie & A Kapteyn, 2001. "New data for understanding saving," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 17(1), pages 55-69, Spring.
    7. Fabian Gouret & Guillaume Hollard, 2011. "When Kahneman meets Manski: Using dual systems of reasoning to interpret subjective expectations of equity returns," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 26(3), pages 371-392, April.
    8. Erin Ruel & Robert Hauser, 2013. "Explaining the Gender Wealth Gap," Demography, Springer;Population Association of America (PAA), vol. 50(4), pages 1155-1176, August.
    9. David Comerford & Liam Delaney & Colm Harmon, 2009. "Experimental Tests of Survey Responses to Expenditure Questions," Fiscal Studies, Institute for Fiscal Studies, vol. 30(Special I), pages 419-433, December.
    10. van Soest, A.H.O. & Hurd, M., 2004. "Models for Anchoring and Acquiescence Bias in Consumption Data," Other publications TiSEM 45bba4af-d462-4b9f-a064-b, Tilburg University, School of Economics and Management.
    11. Dolan, Paul & Metcalfe, Robert, 2012. "The relationship between innovation and subjective wellbeing," Research Policy, Elsevier, vol. 41(8), pages 1489-1498.
    12. David H. Howard, 2007. "Producing Organ Donors," Journal of Economic Perspectives, American Economic Association, vol. 21(3), pages 25-36, Summer.
    13. John L. Czajka & Gabrielle Denmead, "undated". "Income Data for Policy Analysis: A Comparative Assessment of Eight Surveys," Mathematica Policy Research Reports 19724257b78544bdbd55f15be, Mathematica Policy Research.
    14. Breyer Friedrich & Kliemt Hartmut, 2007. "Der Mangel an Spenderorganen – Ursachen und Lösungsmöglichkeiten aus ökonomischer Sicht / The Shortage of Transplants – An Economic Analysis of Causes and Possible Solutions," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 227(5-6), pages 466-484, October.
    15. Kremslehner, Daniela & Muermann, Alexander, 2016. "Asymmetric information in automobile insurance: Evidence from driving behavior," CFS Working Paper Series 543, Center for Financial Studies (CFS).
    16. Jon Diesel, 2010. "Do Economists Reach a Conclusion on Organ Liberalization?," Econ Journal Watch, Econ Journal Watch, vol. 7(3), pages 320-336, September.
    17. John C. Yi & Christina D. Kang-Yi & Flavia Burton & H. David Chen, 2018. "Predictive Analytics Approach to Improve and Sustain College Students’ Non-Cognitive Skills and Their Educational Outcome," Sustainability, MDPI, vol. 10(11), pages 1-14, November.
    18. van Soest, Arthur & Hurd, Michael, 2008. "A Test for Anchoring and Yea-Saying in Experimental Consumption Data," Journal of the American Statistical Association, American Statistical Association, pages 126-136.
    19. Monika Bütler, 2002. "Flexibility and Redistribution in Old Age Insurance," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 138(IV), pages 427-437, December.
    20. Arthur van Soest & Michael Hurd, 2004. "Models for Anchoring and Acquiescence Bias in Consumption Data," NBER Working Papers 10461, National Bureau of Economic Research, Inc.

    More about this item

    JEL classification:

    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • I00 - Health, Education, and Welfare - - General - - - General

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:coecpo:v:25:y:2007:i:2:p:131-145. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://edirc.repec.org/data/weaaaea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.