Looking at data on non-priced markets through an economist's lens has led to a more efficient kidney donation system now approved for implementation by the second-largest platform for transplants in the US, the Alliance for Paired Donation. The work, led by MIT economist Nikhil Agarwal, sought to improve the situation where 100,000 people await kidney transplants at any given time while 30% to 50% of usable kidneys are never transplanted and 20% of living people willing to donate never find a recipient. Other markets being looked at in the same way include electricity, the palm oil industry in Indonesia and water in Australia.
Looking at data on non-priced markets through an economist's lens has led to a more efficient kidney donation system now approved for implementation by the second-largest platform for transplants in the US, the Alliance for Paired Donation. The work, led by MIT economist Nikhil Agarwal, sought to improve the situation where 100,000 people await kidney transplants at any given time while 20% of usable kidneys are never transplanted and 30% to 50% of living people willing to donate never find a recipient. Other markets being looked at in the same way include electricity, the palm oil industry in Indonesia and water in Australia.