Repugnant markets Flashcards
1
Q
What is a repugnant transaction?
A
- A transaction to which people do not want to be a part of and also do not want others to be
- Depends on place and time - Kinda like technological limitations
- Certain transactions can become repugnant only due to the monetary value put on the object
2
Q
Interacts with other factors
A
- Negative externalities
- Involuntary transactions
- Incentives to bad behaviour
3
Q
Why is it repugnant?
A
- Objectification
- Slippery slope
- Coercion
4
Q
Solutions to organ donation low rates
A
- In-kind kidney exchange
- Priority lists - Loopholes
- Opt-in v. opt-out v. mandated choice frame