Repugnant markets Flashcards

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1
Q

What is a repugnant transaction?

A
  1. A transaction to which people do not want to be a part of and also do not want others to be
  2. Depends on place and time - Kinda like technological limitations
  3. Certain transactions can become repugnant only due to the monetary value put on the object
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2
Q

Interacts with other factors

A
  1. Negative externalities
  2. Involuntary transactions
  3. Incentives to bad behaviour
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3
Q

Why is it repugnant?

A
  1. Objectification
  2. Slippery slope
  3. Coercion
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4
Q

Solutions to organ donation low rates

A
  1. In-kind kidney exchange
  2. Priority lists - Loopholes
  3. Opt-in v. opt-out v. mandated choice frame
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