The Market for Surrogate Motherhood Contracts
Surrogate motherhood is a controversial subject and has not previously been formally modeled by economists. In this paper, a neoclassical model of the market for surrogate motherhood contracts is developed, based on the utility maximizing decisions of potential surrogate mothers and commissioning parties. The presence of both altruistic and self-interested behavior generates unusual market outcomes. Copyright 1997 by The Economic Society of Australia.
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Volume (Year): 73 (1997)
Issue (Month): 222 (September)
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