PHL 111 Lecture Notes - Lecture 26: Ceteris Paribus, Motivation, Relative Risk
Document Summary
Economically: banning an organ market seems inefficient; i. e. by having an organ market we would increase the supply of this scarce resource. Libertarian: banning an organ market seems to infringe on individual freedom. Utilitarian: banning an organ market seems to involve a disutility because more people are worse off with the decreased supply such a ban involves. Free market = freedom to contract and to enter into competition in order to generate payment for products or services rendered. A free market for human organs would not necessarily increase the supply of this resource because: 1) whereas a free market involves extrinsic motivation, an altruistic system involves intrinsic motivation; the introduction of the former would likely decrease the latter and consequently the incentive to donate organs. 2) given the source of altruistic motivation, it is not clear the same willingness to engage in such risk would be increased if a corresponding monetary value was attached.