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

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  • 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
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    References listed on IDEAS

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    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. 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.
    3. 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.
    4. 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.
    5. 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.
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    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.

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    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

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