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The Market for Surrogate Motherhood Contracts

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  • GILLIAN HEWITSON

Abstract

Surrogate motherhood is a controversial subject, and has not previously been formally modelled by economists. In this paper, a neoclassical model of the market for surrogate motherhood contracts is developed, based on the utility maximizing decisions of potential surrogate mothers and commissioning parties. The presence of both altruistic and self‐interested behaviour generates unusual market outcomes.

Suggested Citation

  • Gillian Hewitson, 1997. "The Market for Surrogate Motherhood Contracts," The Economic Record, The Economic Society of Australia, vol. 73(222), pages 212-224, September.
  • Handle: RePEc:bla:ecorec:v:73:y:1997:i:222:p:212-224
    DOI: 10.1111/j.1475-4932.1997.tb00994.x
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    References listed on IDEAS

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    1. Stiglitz, Joseph E & Weiss, Andrew, 1981. "Credit Rationing in Markets with Imperfect Information," American Economic Review, American Economic Association, vol. 71(3), pages 393-410, June.
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    Cited by:

    1. Amrita Pramanick & Swapnendu Banerjee, 2016. "Optimal Organization of Surrogacy Contracts and Underinvestment," Journal of Quantitative Economics, Springer;The Indian Econometric Society (TIES), vol. 14(2), pages 217-236, December.
    2. Gillian Hewitson, 2001. "A Survey of Feminist Economics," Working Papers 2001.01, School of Economics, La Trobe University.

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