A wide class of economic exchanges, such as bribery and compensated adoption, are
considered morally disreputable precisely because they are seen as economic exchanges …

This article develops a model of how the structure of exchange can manage such
disreputable exchanges as the commensuration of sacred for profane. Whereas existing …

Many people find it morally impermissible to put kidneys, jury duty exemptions, or permits for
having children on the free market. All of these are examples of repugnant transactions …

This article develops and tests alternative predictions about how the form of social
exchange, negotiated or reciprocal, affects perceptions of fairness, independent of the …

Unlike economic exchange, social exchange has no well-defined “value.” It is based on the
norm of reciprocity, in which giving and taking are to be repaid in equivalent measure …

This Article considers one aspect of the ongoing debate about the moral limits of markets–
namely, the purported harmful effects of market transactions on particular relations, goods …

May you sell your spare kidney? May gay men pay surrogates to bear them children?
Should we allow betting markets on terrorist attacks and natural disasters? May spouses pay …

Both the law and culture distinguish between acts of commission that overturn the status quo
and acts of omission that uphold it. This distinction is of central importance when it comes to …

Reciprocity implies equality in the giving and receiving of benefits. However, we find that
reciprocity does not generate equal benefits, in terms of social status. Instead, across 7 …

What, if anything, is wrong with taking advantage of people's unjust circumstances when
they both benefit from and consent to the exchange? The answer, some believe, is that such …