Paying for Kidneys? A Randomized Survey and Choice Experiment

Tue, Oct 2, 2018, 12:45 pm to 2:00 pm

Nicola Lacetera, Associate Professor of Strategic Management, University of Toronto, Mississauga

Paying for Kidneys? A Randomized Survey and Choice Experiment 

Nicola Lacetera (with Julio Elias and Mario Macis)

Abstract: Regulation and public policies are often the result of competition and compromise between different views and interests. In several cases, strongly held moral beliefs voiced by societal groups lead lawmakers to prohibit certain transactions or to prevent them from occurring through markets. However, there is limited evidence about the specific nature of the general population’s opposition to using prices in such contentious transactions. We conducted a choice experiment on a representative sample of Americans to examine preferences for legalizing payments to kidney donors. We found strong polarization, with many participants in favor or against payments regardless of potential supply gains. However, about 20% of respondents would switch to supporting payments for large enough supply gains. Preferences for compensation have strong moral foundations. Respondents especially reject direct payments by patients, which they find would violate principles of fairness. We corroborate the interpretation of our findings with the analysis of a costly decision to donate money to a foundation that supports donor compensation.

Location: 
217 Julis Romo Rabinowitz Building
Sponsor(s): 
CHW, RPDS, Department of Economics, Behavioral Economics
Audience: 
Students, Faculty & Fellows only
Speaker(s): 

David Chan, Stanford Institute for Economic Policy Research (SIEPR)

Mon, Nov 19, 2018, 1:15 pm to 2:30 pm
Location: 217 Julis Romo Rabinowitz Building

Why Is End-of-Life Spending So High? Evidence from Cancer Patients

Wed, Nov 28, 2018, 12:15 pm to 1:30 pm
Location: 399 Julis Romo Rabinowitz Building

Seema Jayachandran, Northwestern University

Wed, Dec 5, 2018, 12:15 pm to 1:30 pm
Location: 399 Julis Romo Rabinowitz Building

Melissa Kearney, University of Maryland

Wed, Dec 12, 2018, 12:15 pm to 1:30 pm
Location: 399 Julis Romo Rabinowitz Building

Benjamin Handel, UC Berkeley

Thu, Dec 13, 2018, 1:30 pm to 2:50 pm
Location: 271 Louis A. Simpson International Building