Alex Tabarrok explores the world of egg donation, which is heavily regulated by the Society for Assisted Reproductive Technology (SART) and the American Society for Reproductive Medicine (ASRM). The two organizations effectively limit egg donor compensation to $5,000-$10,000, acting as a “buyer’s cartel,” in Tabarrok’s words:
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In 2011, Lindsay Kamakahi launched a class action suit against ASRM-SART challenging their horizontal price-fixing agreement as per se illegal under the Sherman Antitrust Act. ASRM-SART tried to have the case dismissed but a judge recently denied the dismissal in the process making it clear that the plaintiffs have a good case.
ASRM-SART argue that their maximum price is really about protecting women and that compensation “should not be so excessive as to constitute undue inducement.” Egg donation does involve extensive screening, time and some health risks. One would think, however, that the proper response for those interested in protecting women would be to ensure that the women are fully informed and that they are paid high wages not low wages.
From the inbox:
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I am a big fan — one who especially appreciates your willingness to (perhaps enjoyment in?) exploring solutions that many would consider repugnant. In that spirit, I would love to get your thoughts on a seemingly unconscionable idea that I recently became aware of.
Every year the U.S. euthanizes approximately 3 to 4 million companion animals (mostly dogs and cats). To put it bluntly, what do you think about using these carcasses as a meat source? We expend enormous resources — land, money, and energy — in producing animal feed and ultimately meat. Given this expense, as well as the world’s need for protein sources, I’d love for you to weigh in on this rather repugnant idea.
When I talk about economists, one of the greatest compliments I give is to say that they changed the way people think about the world. Al Roth definitely fits into that category. The type of economics he is best known for is what is called “Market Design.” Essentially, it means bringing market-type thinking to areas in which historically non-market allocation mechanisms have been used. A few examples of the areas Roth has explored are matching fledgling doctors to hospitals for their residency, matching students to public schools in school choice programs, and matching kidney donors with those who need a kidney.
I know Roth changed my thinking because the first time I read Roth’s work in this area I had a strong reaction: this isn’t really economics. Read More »
From a reader named William Haisley:
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I’m a weekly columnist for the Daily Collegian, the Penn State newspaper, where I currently attend law school. Today my column about why I don’t vote — an idea I was exposed to and ran with after reading your “Why Vote” article — ran and I have been dealing with the fallout ever since. I think I’ve been insulted more often today than the rest of my 24 years combined.
In some sense, my column is just an amalgamation of your article and various Overcoming Bias articles — which, again, I was introduced to on your blog and can’t thank you enough for — I’ve read over the years, though I guess I could say that about my entire belief system at this point.
Anyways, you should have a warning label at the end of your articles that tells people the potential dangers of publicly stating some of your more controversial findings (though I really didn’t think this was that controversial, but I’ve been proven wrong). You really need the cultural tread to take people somewhere they didn’t know they were going.
Not that Roth is himself in any way repugnant (quite the opposite), but he is masterful at thinking about the kind of transactions that we find morally or ethically or otherwise disturbing and how the trends of repugnance shift over time.
For a forthcoming book anthology called In 100 Years (inspired, Roth tells us, by a 1930 essay by Keynes called “Economic Possibilities of Our Grandchildren"), Roth has written an essay (PDF here) about the future of repugnance: Read More »
I have probably seen and listened to more opera than the median American, but that’s not saying much. In other words, I am not very knowledgeable about opera itself, or its history and mores, etc. If I were, what I’m about to tell you probably wouldn’t have come as a surprise.
Not long ago, in an airport far from home, I met a nice fellow who turned out to be a Spanish-born tenor now living in the States, named Alvaro Rodriguez. We kept in touch and he let me know that he’d be performing with the New York Lyric Opera, playing Don Jose in Carmen. So I bought my tickets and decided to read up on Carmen since: a) I didn’t know the story all that well; and b) my French is spotty at best; and c) this would be a scaled-down production, with no subtitles, etc. Read More »