DESCRIPTION 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 economics 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, and 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.)i am attaching my bibliography for the sites to use please use them.
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Thank you for submitting your Bibliography. You have met all of the basic requirements for this assignment and have
earned a score of “Complete”.
You’ve done a good job of providing a comprehensive list of references and including a lot of the required information
in each of them. You’ve also done a good job of correctly formatting the references with hanging indents. Nice work!
There were a few issues that I pointed out on the next page. First, remember to use Times New Roman 12-point font
for all text. Second, organize your references into alphabetical order (based on whatever comes up first in the
reference). Third, make sure all containers are presented in italics. A container can be a website name, a journal
name, etc. Follow the link below for additional formatting guidance and examples:
Thanks again for sharing your work and have a great day!
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Remember to use Times New Roman 12-point
Be sure to organize all references into
alphabetical order. For example, Chiang’s
book should be listed first.
The publication year should follow
the first piece of information listed
in each reference.
Smith, Archer. 2020. “Title of Article.”…
Containers, like magazine and journal
names, should be presented in italics.
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Limitations of policies
market for kidney organs
Donation Systems Around the World
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