TY  - RPRT
        AU  - Elias, Julio
AU  - Lacetera, Nicola
AU  - Macis, Mario
        TI  - Efficiency-Morality Trade-Offs in Repugnant Transactions: A Choice Experiment
        PY  - 2016/Sep/
        PB  - Institute of Labor Economics (IZA)
        CY  - Bonn
        T2  - IZA Discussion Paper
        IS  - 10187
        UR  - https://www.iza.org/publications/dp10187
        AB  - Societies prohibit many transactions considered morally repugnant, although potentially efficiency-enhancing. We conducted an online choice experiment to characterize preferences for the morality and efficiency of payments to kidney donors. Preferences were heterogeneous, ranging from deontological to strongly consequentialist; the median respondent would support payments by a public agency if they increased the annual kidney supply by six percentage points, and private transactions for a thirty percentage-point increase. Fairness concerns drive this difference. Our findings suggest that cost-benefit considerations affect the acceptance of morally controversial transactions, and imply that trial studies of the effects of payments would inform the public debate.
        KW  - repugnant transactions
KW  - efficiency
KW  - morality
KW  - markets
KW  - preferences
        ER  -