Hundreds of people worldwide die daily while waiting on an organ transplant list. In many cases there are people willing to help them buy giving up their own organs, for a price. However, in most countries governments have intervened in an effort to deal with concerns of fairness. The kidney organ market in the US is one such of these examples. In the United States such sales are illegal under the National Organ Transplant Act of 1984, but while well intended the ban on organ sales does come at a cost.
This is a multipart assignment in which you will examine and evaluate the organ market, outlining the merits and weaknesses of regulations as well as suggest an alternative, from an economic point of view. As you progress through the course you will incorporate more and more economic language into your analysis, in the end forming a complete economic discussion.
Part I – (this draws on opportunity cost (Ch 1) and markets (Ch 3))
Describe the market for kidney organs, as it would be in a free market without government intervention, using what you have learned about scarcity, marginal analysis in decision-making, and markets. You must include a discussion of resources, supply and demand, as well as marginal benefits and marginal costs. Think of this as an explanation of the pros and cons of the market using economic terminology.
Describe the benefits and costs but leave the discussion of organ rationing and other solutions to the problems in this market for the next part. Describe this market using supply and demand; reference your graph in your description. Include “graph 1” of this market at the end of the paper (not included in page count). This should be a discussion without mentioning Price Controls, only discuss how the kidney organ market would be without government intervention. Feel free to use any stats or data that you find through your own research – make sure you use econ terminology.
Part II – (this draws on government (Ch 4) to improve the discussion made in Part I)
Consider the reasons why the market for kidney organs is not a free market in the US, specifically discuss equity concerns. Expand on your discussion of the market from Part I, using what you have learned about government interventions/price controls.
Discuss the current government intervention in the Kidney Market in the U.S. Describe this market – comparing the free market and to the government intervention in one graph – using supply and demand; reference and discuss your graph in your paper. Explain the current government intervention and exactly how it corrects the problems of the free market. Include any other beneficial aspects of the intervention that you find through your own research – make sure you use econ terminology throughout.
Also discuss other Donation Systems Around the World, no need to add a graph here. Explore the policies that are currently implemented across the globe (i.e. some discussed in the articles include – routine removal, presumed consent, organ donor points, “no give, no take”, etc.). Evaluate the limitations of these policies. Also consider how these policies fare in terms of the efficiency vs. equity debate. (You do not need to critique them all, just select from 2 or 3 different countries that you find interesting/appealing.)
Part I – (this draws on welfare analysis regulation (Ch 4) to improve the argument made in the Rough Draft as well as describe an unintended consequence)
Consider regulations in the US kidney market and the negative aspects of the government intervention. In addition to improving your paper based on the feedback you received, add to your previous discussion of the US kidney market using what you have learned about DWL and welfare analysis; specifically discuss efficiency concerns as a result of the intervention. You may have discussed DWL in the rough draft but you should elaborate on that discussion and really focus on what causes the DWL and in what ways is loss generate, exactly who is impacted and how; give specific examples.
Part II – (this requires you to offer a creative alternate solution to the consequence you described above)
Now put yourself in the role of a social advocate. Noting the problems you presented above, what solutions do you have to help protect society? Offer an alternative solution that addresses the issues you noted in the rough draft and avoids the problems you noted above. Be creative, you are not limited to possible government interventions but should also consider potential interventions from other groups in society.
Formatting: Note: This is the final part of the writing assignment. DO NOT include section titles/headers however you must submit a cohesive completed paper with title page, introduction, body, conclusion, a graph, and bibliography page. The paper should breakdown the market and problems within it, evaluate the current solution and it’s limitations, and propose an original contribution/potential solution – use economic terminology throughout.
The body of the text must be at least 7, no more than 8, full pages: a revision of the first 4 pages already submitted for the rough draft PLUS an additional 3 pages. The additional three pages should be used as you wish to expand on the rough draft as well as add the new parts above and integrate the two parts into a coherent whole. Double-spaced, 1″ margins, and size 12 Arial FONT. It should be in written your own words and not a series of quoted texts. You should write from your own ideass, formed through research, but not by paraphrasing or over quoting other work. File type must be doc OR docx.
Make sure to include a title page and an updated bibliography page (both should be on their own pages and not share a page with the body of the text). Graphs/Charts/Figures/Bibliography should be at the very end of the text and are not included in page count. Only use in-line citations with the author and the year in parentheses at the end of the sentence; do not include citations in the footers. The full citation should be given on the bibliography page only.(This assignment uses TurnItIn!)
This is exact description of the essay just copy and pasted into here. The sources in the bibliography that is attached are the sources that MUST be used. Essay is technically due Nov. 30 at 11:59 so the early the butternut also a really good essay is appreciated to make up for the late turn in.
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