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The Common Property Nature of Market-inalienability

In: The Economics of Reciprocity, Giving and Altruism

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  • Emanuel D. Thorne

    (City University of New York
    Georgetown University)

Abstract

Societies have long sought to regulate ethically questionable activities by banning markets. Today, at the end of the 1990s, the United States bans markets in elephant tusks, endangered species, slaves, human organs, adopting babies, sex, forms of child labour, and certain hazardous activities. But whereas some market bans — such as those covering elephant tusks and endangered species — were enacted to prohibit trade altogether, the bans on markets in child adoption, sexual favours and human organs are characterized by a desire that the supply of these should flourish, but strictly on a donative, non-commercial basis.

Suggested Citation

  • Emanuel D. Thorne, 2000. "The Common Property Nature of Market-inalienability," International Economic Association Series, in: L.-A. Gérard-Varet & S.-C. Kolm & J. Mercier Ythier (ed.), The Economics of Reciprocity, Giving and Altruism, chapter 2, pages 47-77, Palgrave Macmillan.
    • Handle: RePEc:pal:intecp:978-1-349-62745-5_2
    DOI: 10.1007/978-1-349-62745-5_2
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    Cited by:

    1. Joan Costa-Font & Mireia Jofre-Bonet & Steven T. Yen, 2013. "Not All Incentives Wash Out the Warm Glow: The Case of Blood Donation Revisited," Kyklos, Wiley Blackwell, vol. 66(4), pages 529-551, November.
    2. Deffains, Bruno & Mercier Ythier, Jean, 2010. "Optimal production of transplant care services," Journal of Public Economics, Elsevier, vol. 94(9-10), pages 638-653, October.

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