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The Commodification of Human Traits: Market Dynamics in the Genomic Economy

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  • Luberisse, Joshua

Abstract

This article theorizes the emergence of a genomic marketplace in which traits—from disease resistance to enhanced cognition—are priced, licensed, and traded as proprietary assets. We introduce two mechanisms that organize value capture in this economy: inherited revenue assurance (IRA), a lineage-binding royalty structure for germline edits, and genomic asset–backed securities (GABS), financial instruments that securitize expected royalty cashflows from edited populations. We build a conceptual model of the trait value chain—from IP origination through multigenerational licensing and secondary finance—and analyze distributional and ethical consequences under competing regulatory regimes (patent exclusivity, FRAND-style licensing, royalty caps, and trait commons). The contribution is a political–economy account that connects molecular IP to household welfare and macro–finance, while offering policy tests that distinguish emancipatory from extractive designs.

Suggested Citation

  • Luberisse, Joshua, 2025. "The Commodification of Human Traits: Market Dynamics in the Genomic Economy," SocArXiv h39za_v1, Center for Open Science.
    • Handle: RePEc:osf:socarx:h39za_v1
    DOI: 10.31219/osf.io/h39za_v1
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    References listed on IDEAS

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    1. Gorton, Gary & Metrick, Andrew, 2012. "Securitized banking and the run on repo," Journal of Financial Economics, Elsevier, vol. 104(3), pages 425-451.
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