what are good and bad reasons for a kidney transplant market? economics help.?

Question

The market for human kidneys is characterized by the same supply/demand considerations as any market. Currently, the demand for kidneys greatly outnumbers the supply of kidneys. Recently, the suggestion of creating a market for kidneys has been re-introduced. I would like you to do the following:
a) LIST and discuss three reasons that such a market would be desirable.
b) LIST and discuss three reasons such a market would not be desirable.
‘a’ and ‘b’ are, basically, pro/con analysis. Please try to find supporting evidence for these conclusions.

Answer 1

Before we start discussing pros and cons, we need to establish the goal toward which the healthcare system (including the kidney transplant system) is working.

Answer 2

1

Answer 3

Here are just a few off the top of my head

Pros:

There are plenty of surplus kidneys out there (Most people have one more than they need) and there could be great benefits from trade if allowed to transact.

People have only 1 percent chance of eventually needing both

4,000 people a year need a new kidney, an open market could guarantee each of them a transplant (so long as they could afford the market price, which is estimated at $10K-$15K per kidney)

Cons:
Regret - which, is economically outweighed by the benefit, but I guess this could be an ethical problem.

The taxpayer would end up paying the bill for regulation efforts.

Donating a kidney would then lose much of is "altruism"

Answer 4

Hi
Talking with out evidence but knowing that all the market has a rigorous logic I can make your some comments, maybe i do not answer properly your questions; but i am sure it could help to do it.
Apply rules' market to goods or service where the difference between demand and supply is too big will create not wished distortions; then down this conditions, the consequence will not be desirable (excessive high price, creation of "black market", let to entry crime's organizations, moral problems, scenario of war-for-get-the-good)
Some analyst believe that an excessive high price in the market create conditions to increase the supply, but in this market, how to increase the supply?. Some one could think that the laboratories will have incentive to make more investigation for invent "artificial kidney" (obtained from animals or using genetic technical or cloning) but this result is not sure.
I think first has to increase the supply and then establish a mechanism of market. Here the government has to invent mechanism to push to laboratories to this.