This article possibly contains original research. Please improve it by verifying the claims made and adding inline citations. Statements consisting only of original research should be removed.(May 2024) (Learn how and when to remove this message)
A repugnant market is an area of commerce that is considered by society to be outside of the range of market transactions and that bringing this area into the realm of a market would be inherently immoral or uncaring. For example, many people consider a market in human organs to be a repugnant market[1] or the ability to bet on terrorist acts in prediction market to be repugnant. Others consider the lack of such markets to be even more immoral and uncaring, as trade bans (e.g. in organ transplants[2][3][4] and terrorism information)[5][6] can create avoidable human suffering.
Nobel Laureate Alvin Roth (2007)[7] "introduced in the economics literature the concept of "repugnance" for a transaction as the aversion toward other individuals engaging in it, even if the parties directly involved benefit from that trade (i.e. "There are some things no one should be allowed to do"). Repugnance considerations have important consequences on the types of markets and transactions that we observe and, as such, they impose a challenge for policy and market design."[8]
^ Elías, Julio J., Nicola Lacetera, and Mario Macis. 2019. "Paying for Kidneys? A Randomized Survey and Choice Experiment." American Economic Review, 109 (8): 2855-88.
^Murphy, Stephanie (2005-01-01). "I'll Give You My Heart..." Retrieved 2008-07-08.
^Kaserman, David (2002-05-16). "The AMA's Opposition to Organ Markets: Time for a Change". Retrieved 2008-07-08.
^"Audience Chooses Market Solution to Organ Shortage in Final Intelligence Squared U.S. Debate of the Season". Market Wire. May 2008. Archived from the original on 2012-07-09. Retrieved 2008-07-08.
^Looney, Robert (September 2003). "DARPA's Policy Analysis Market for Intelligence: Outside the Box or Off the Wall?". Strategic Insights. II. Archived from the original on 2008-10-08. Retrieved 2008-07-08.
^Hanson, Robin (July 2007). "The Policy Analysis Market A Thwarted Experiment in the Use of Prediction Markets for Public Policy". MIT Innovations: Technology, Governance, Globalization. 2 (3): 73–88. doi:10.1162/itgg.2007.2.3.73.
^Roth, AE (2007). "Repugnance as a Constraint on Markets" (PDF). Journal of Economic Perspectives. 21 (3): 37–58. doi:10.1257/jep.21.3.37. Archived from the original (PDF) on 2008-05-09. Retrieved 2008-05-15.
^Elías, Julio J., Nicola Lacetera, and Mario Macis. 2017. "Understanding repugnance: Implications for public policy." Working Papers: Serie Documentos de Trabajo 614, Universidad del CEMA.
A repugnantmarket is an area of commerce that is considered by society to be outside of the range of market transactions and that bringing this area into...
involved with the underground economies and grey markets of the world Repugnantmarket Unreported employment Wide boy A. Horning; et al. (2019). "Risky business:...
stigma in a literal and applicable sense. Repugnancy costs measure the degree of dislike toward a repugnantmarket or transaction by appealing to the concept...
office building. repugnancy costs repugnantmarket resource resource curse resource depletion resource market (Also known as a factor market.) In the circular...
wrong" only express repugnance, not moral facts Moral panic Repugnancy costs Repugnantmarket Uncanny valley Victimless crime Nussbaum, Martha (July 15...
economy, the speculators and the fabricators of single systems are equally repugnant to him.)". He argued for a pluralistic economic logic when he said that...
face market failures, and of course, we sometimes face conditions or constraints such as congested markets, repugnantmarkets, and unsafe markets. This...
defended ethical intuitionism, direct realism, libertarianism, veganism, the repugnant conclusion, and philosophical anarchism. Huemer graduated from the University...
government. If any provision of a law made by the Legislature of State is repugnant to any provision of a lawmade by Parliament which Parliament is competent...
worst score possible) wrote that the film was "one of the most morally repugnant pornographic movies I have seen" and "the sort of movie that the government...
the Quran and Sunnah. The Parliament cannot make any laws which may be repugnant or contrary to the Constitution; however, the Constitution itself may...
laugh. [I wasn't interested] in the sort of marketed, Hallmark, 'Valentine's Day' sense — I find that repugnant. Here, the romantic comedy part of it is...
Observational techniques Praxeology Priority heuristic Regret theory Repugnancy costs Socioeconomics Socionomics Lin, Tom C. W. (April 16, 2012). "A Behavioral...
As a former addict, I found this fake redemption memoir to be morally repugnant." In October 2017, it was announced that director Sam Taylor-Johnson and...
simians, and it depicted their concealed positions being betrayed by their repugnant body odor. Chinese characters received the same treatment. "By the time...
directed economy, the speculators and the fabricators of single are equally repugnant to him.)". The Spanish individualist anarchist Miguel Giménez Igualada...
unrelentingly sad it can be." Rob Nelson from Variety magazine stated, "Repugnant content, grislier than the ugliest torture porn, ought to have made the...
relief for the tsunami. UCLA deemed the video offensive and called it "repugnant". The student later wrote to The Daily Bruin, issuing an apology to "the...
directed economy, the speculators and the fabricators of single are equally repugnant to him.)""Anarchist Individualism as a Life and Activity" by Emile Armand...
with Islamic teachings laid down in the Quran and Sunnah and that no law repugnant to such injunctions could be enacted. Additionally, it established institutions...
for a particular substance or object. Traditionally, this is something repugnant or humiliating, such as cadavers or feces, though in more recent stories...
to feed the starving miners and farmers and clashes with George. The repugnant, libidinous and recently widowed Rev. Osborne Whitworth, a member of the...
to withhold royal assent in cases where the legislation appears to be repugnant to or inconsistent with the Constitution or affects the rights and privileges...
(11 February 2015). "Hugh Grant Says He Finds Most Romantic Comedies 'Repugnant' at 'The Rewrite' Premiere". IndieWire. Dave Kehr, At the Movies: For...
Global Information