Organ allocation policy and the decision to donate

Assignment Help Business Economics
Reference no: EM132072162

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.]

Reference no: EM132072162

Questions Cloud

Investment proportions of your client overall portfolio : What are the investment proportions of your client’s overall portfolio, including the position in T-bills?
Determine how farmers would account for the hedge : Finally, use the FASB ASC to determine how Farmers would account for the hedge, assuming it is considered an effective hedge.)
Describe recommendations regarding network security : As you have gained experience in the topic of network design and development through this course, the team must design a global organization's network.
What is the present value of these two annual payments : Assuming an annual compound interest rate of 10%, what is the present value of these two annual payments?
Organ allocation policy and the decision to donate : 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:
How would improve leadership performance in the given area : Respond to the quote below from Adler, Elmhorst, & Lucas (2013). Provide examples or nonexamples from your own professional experience.
What is the nash equilibrium : a. Does either firm have a dominant strategy? b. What is the Nash equilibrium (if any)?
What is the present value of amount : What is the present value of this amount assuming a 10% annual compound interest rate (rounded to the nearest dollar)
What is the direct impact of debt on the cost of equity : Ford is one example among many others. What is the direct impact of such a government guaranteed debt on the cost of equity.

Reviews

Write a Review

Business Economics Questions & Answers

  Half of the monopolist profit-maximizing output

Assume there are only two producers of tennis rackets: Wilson and Prince. The market demand for tennis rackets is depicted by the algebraic formula P = 100 - Q, where P stands for price and Q stands for quantity of rackets. If Wilson and Prince form ..

  Depletion charges using the percentage depletion method

Determine the depletion charges using the percentage depletion method for the first year only for a coal mine. The applicable rate for the percentage depletion method is 12%. Cost to acquire mine rights = $50,000

  Describe many ways government affects economic activity

Based on the Unit 2 lecture and unit readings, describe the many ways the government affects economic activity. Explain the positive aspects of this government involvement. Now, explain the negative aspects of government involvement. Finally, describ..

  Simulation models and models covered in previous modules

Describe the key differences between simulation models and the models covered in previous modules, not only from the perspective of their applications, but also from the perspective of computing/solving the models

  Insurance premiums if the system

How much would the owner of a building be justified in paying for a sprinkler system that will save $750 a year in insurance premiums if the system

  Qbased on the production function parametera which industry

q.based on the production function parametera. which industry or industries appears to exhibit decreasing returns to

  Panel data fixed effects regression model

Consider the following panel data fixed effects regression model: Yit = B0 + B1Xit + Y2D2+ Y3D3i + +...Y4Dni + eit

  What is the probability that the aggregate donation

What is the probability that the aggregate donation, S, exceeds $260,000?

  Businesses create value by integrating the production

Explain how businesses create value by integrating the production and distribution of goods, services, and information.

  What is the expected winning bid

What is the expected winning bid if there are three bidders?

  Changes in disposable income

Changes in disposable income affect government purchases and the government purchase function. How do changes in net taxes affect the consumption function.

  Discuss point price elasticity of demand for tweetie sweet

Discuss the point price elasticity of demand for Tweetie Sweeties. Discuss the point advertising elasticity of demand.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd