Define normative or positive economic analysis

Reference no: EM131443391

Question: Decisions as to the allocation of human organs for transplant are based on characteristics such as "blood type, weight, and age; urgency of need; and length of time on the waiting list" (quoted from the Transplant Resource Center of Maryland, https://www.mdtransplant.org/topicsa2.htm). Suppose you were on a transplant committee that was permitted to consider other factors. Do you think that the life of a person who is beloved by many family members and friends should be given greater weight than a person with few friends? Should the chief executive officer of a major corporation be given preferential treatment over someone who is a cook at McDonald's? How about Mickey Mantle, a famous baseball player who battled alcoholism? Do these queries fall into the realm of normative or positive economic analysis?

Reference no: EM131443391

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