The Ethics of Incentivizing the Uninformed: A Vignette Study
通过情境实验研究卵子捐赠中的激励问题,发现人们更支持要求捐赠者充分理解交易的政策,这有助于设计既高效又符合伦理的市场。
Our recent working paper (Ambuehl, Ockenfels, and Stewart 2017) shows theoretically and experimentally that people with higher costs of information processing respond more to an increase in the incentive for a complex transaction, and decide to participate based on a worse understanding of its consequences. Here, we address the resulting tradeoff between the principle of informed consent and the principle of free contract. Respondents to our vignette study on oocyte donation overwhelmingly favor the former and support policies that require donors to thoroughly understand the transaction. This finding helps design markets that are not only efficient but also considered ethical.