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Efficiency-Morality Trade-Offs in Repugnant Transactions: A Choice Experiment / Julio J. Elias, Nicola Lacetera, Mario Macis.
- Format:
- Book
- Author/Creator:
- Elias, Julio J.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w22632.
- NBER working paper series no. w22632
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Other Title:
- Efficiency-Morality Trade-Offs in Repugnant Transactions
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2016.
- Summary:
- Societies prohibit many transactions considered morally repugnant, although potentially efficiency-enhancing. We conducted an online choice experiment to characterize preferences for the morality and efficiency of payments to kidney donors. Preferences were heterogeneous, ranging from deontological to strongly consequentialist; the median respondent would support payments by a public agency if they increased the annual kidney supply by six percentage points, and private transactions for a thirty percentage-point increase. Fairness concerns drive this difference. Our findings suggest that cost-benefit considerations affect the acceptance of morally controversial transactions, and imply that trial studies of the effects of payments would inform the public debate.
- Notes:
- Print version record
- September 2016.
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