The DOI matches its Crossref record; 18 of the 18 references it cites were found in a registry or an index.
Repugnance as a Constraint on Markets
Open accessAbstract
This essay examines how repugnance sometimes constrains what transactions and markets we see. When my colleagues and I have helped design markets and allocation procedures, we have often found that distaste for certain kinds of transactions is a real constraint, every bit as real as the constraints imposed by technology or by the requirements of incentives and efficiency. I'll first consider a range of examples, from slavery and indentured servitude (which are much more repugnant now than they once were) to lending money for interest (which used to be widely repugnant but no longer is), and from bans on eating horse meat in California to bans on dwarf tossing in France. An example of special interest will be the widespread laws against the buying and selling of organs for transplantation. The historical record suggests that while repugnance can change over time, it can persist for a very long time, although changes in institutions that reflect repugnance can occur relatively quickly when the underlying repugnance changes.
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Citations
Cites
Pay Enough or Don't Pay at All*
Gneezy, U., & Rustichini, A. (2000) · Quarterly Journal of Economics · doi:10.1162/003355300554917 · Cited by 2,175
The evolution of the labor market for medical interns and residents: A case study in game theory
Roth, A. E. (1984) · Journal of Political Economy · doi:10.1086/261272 · Cited by 1,219
Self-citationWolfers, J., & Zitzewitz, E. (2004) · Journal of Economic Perspectives · doi:10.1257/0895330041371321 · Cited by 889
Roth, A. E., & Peranson, E. (1999) · American Economic Review · doi:10.1257/aer.89.4.748 · Cited by 756
Self-citationTaboo Trade‐offs: Reactions to Transactions That Transgress the Spheres of Justice
Fiske, A. P., & Tetlock, P. E. (1997) · Political Psychology · doi:10.1111/0162-895x.00058 · Cited by 661
The New York City High School Match
Abdulkadiroğlu, A., Pathak, P. A., & Roth, A. E. (2005) · American Economic Review · doi:10.1257/000282805774670167 · Cited by 654
Self-citationRoth, A. E., Sönmez, T., & Utku Ünver, M. (2005) · Journal of Economic Theory · doi:10.1016/j.jet.2005.04.004 · Cited by 536
Self-citationThe Boston Public School Match
Abdulkadiroğlu, A., Pathak, P. A., Roth, A. E., & Sönmez, T. (2005) · American Economic Review · doi:10.1257/000282805774669637 · Cited by 530
Self-citationAn Interim Evaluation of Sulfur Dioxide Emissions Trading
Schmalensee, R., Joskow, P. L., Ellerman, A. D., Montero, J. P., & Bailey, E. M. (1998) · Journal of Economic Perspectives · doi:10.1257/jep.12.3.53 · Cited by 492
The Role of Information in Bargaining: An Experimental Study
Roth, A. E., & Murnighan, J. K. (1982) · Econometrica · doi:10.2307/1911866 · Cited by 311
Self-citation
Cited by
Identity, Morals, and Taboos: Beliefs as Assets *
Bénabou, R., & Tirole, J. (2011) · The Quarterly Journal of Economics · doi:10.1093/qje/qjr002 · Cited by 1,042
Wolfers, J., & Zitzewitz, E. (2004) · Journal of Economic Perspectives · doi:10.1257/0895330041371321 · Cited by 889
Kimbrough, E. O., & Vostroknutov, A. (2016) · Journal of the European Economic Association · doi:10.1111/jeea.12152 · Cited by 373
(2011) · Cited by 295
Evidence for Absolute Moral Opposition to Genetically Modified Food in the United States
Scott, S. E., Inbar, Y., & Rozin, P. (2016) · Perspectives on Psychological Science · doi:10.1177/1745691615621275 · Cited by 258
Metadata
- Authors
- Roth, A. E.
- Venue
- Journal of Economic Perspectives
- Publisher
- American Economic Association
- Published
- 2007-07-01
- Volume
- 21
- Issue
- 3
- Pages
- 37-58
- ISSN
- 0895-3309 (ISSN-L)
- OpenAlex
- W3123363685
- Cited by
- 560
- References
- 18
- FWCI
- 42.68
- Type
- journal article
- Language
- en
- Open access
- bronze
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
