Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Economics Expert

Below is the abstract of a recent NBER working paper entitled "Organ Allocation Policy and the Decision to Donate" by Judd Kessler and Alvin Roth:

Organ donations from deceased donors provide the majority of transplanted organs in the United States, and one deceased donor can save numerous lives by providing multiple organs. Nevertheless, most Americans are not registered organ donors despite the relative ease of becoming one. We study in the laboratory an experimental game modeled on the decision to register as an organ donor, and investigate how changes in the management of organ waiting lists might impact donations. We find that an organ allocation policy giving priority on waiting lists to those who previously registered as donors has a significant positive impact on registration.

(a) The choice whether to register as an organ donor is a decision based on comparing costs and benefits. Suppose that registered organ donors receive priority on organ waiting lists. What are the costs to registering? What are the benefits? How do the benefits of registering vary depending on the potential registrant's health? his age? his blood type? The organ he is most likely to need? What other factors might affect the potential benefit of registering as an organ donor?

(b)  The health of the organ donor can significantly impact the value of the donated organ. Diabetic donors, for instance, produce lower quality organs than non-diabetic donors. What effect would the Kessler-Roth scheme have on the average quality of donated organs? How would this affect the potential benefits of registering as an organ donor?

(c)  Suppose the Kessler-Roth scheme is implemented and effective in increasing the number of organs harvested for transplantation. How does the scheme affect the welfare of patients awaiting organ transplants who are not registered organ donors? [Hint: there are two competing effects.]

Business Economics, Economics

  • Category:- Business Economics
  • Reference No.:- M93059636
  • Price:- $30

Priced at Now at $30, Verified Solution

Have any Question?


Related Questions in Business Economics

What do you recommend that a company do to prevent andor

What do you recommend that a company do to prevent and/or solve subscriber uncollectable issues?

What are the typical types of risk faced by a firm explain

What are the typical types of risk faced by a firm? Explain each type of risk in details.

Some statistics students were interested in finding out in

Some Statistics students were interested in finding out in there was a relationship between the number of hours of study for a chapter and the score on that test. On the basis of the number of hours their classmates stud ...

The distribution of heights of adult american women is

The distribution of heights of adult American women is approximately normal with a mean of 64 inches and standard deviation of 2 inches. What percent of women is taller than 68 inches?

1 breeding records reveal that 1 out of every 8 puppies of

1. Breeding records reveal that 1 out of every 8 puppies of a certain Welsh Corgi female are runts. Since these puppies can't be sold for full price, we wish to examine the frequency with which this condition is likely t ...

Researchers at a university decided to test the hypothesis

Researchers at a University decided to test the hypothesis that restaurant servers who squat to the level of their customers would receive a larger tip. In the experiment, the waiter would flip a coin to determine whethe ...

A population has a mean72 and a standard deviation sigma28

A population has a mean=72 and a standard deviation σ=28. Find the mean and standard deviation of a sampling distribution of sample means with sample size n=49.

Use the standard normal distribution or Use the standard normal distribution or

Use the standard normal distribution or the? t-distribution to construct a 90?% confidence interval for the population mean. Justify your decision. If neither distribution can be? used. In a recent? season, the populatio ...

The often made statement that inflation greases the wheels

The often made statement that inflation? "greases the wheels of the labor? market" means simply that A. high and unanticipated inflation allows for real wage adjustments when nominal wages are? sticky, thereby permitting ...

Ernies utility function isnbspuxnbspy 32xy he has 10 units

Ernie's utility function is  U ( x ,  y ) = 32 xy . He has 10 units of good x and 8 units of good y. Waldo's utility function for the same two goods is  U ( x ,  y ) = 3 x  + 5 y . Waldo has 9 units of  x  and 13 units o ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As