Market Equilibrium Assignment | Homework for You
1. How is the waiting list an example of a market in disequilibrium? How does current policy prevent the emergence of an equilibrium in which more kidneys are donated?
2. What do you think of Sally Satel’s proposal? Would it work? What problems do you foresee, and what revisions would you suggest?
3. What are the main objections to this proposal (and others like it). Which of these objections do you find the most compelling? What other objections would you raise? Are there certain things that should not be traded on markets?