Thursday 7 August 2014

Blood Markets

Supply curves slope up, even for blood.

Sydney's Robert Slonim will be speaking at Canterbury on the use of economic incentives to improve supplies of blood. Slonim's work on encouraging blood donation through use of compensation has featured recently here at Offsetting.

From the blurb for Slonim's talk at Canterbury:

2014 NZEEL Distinguished Lecture:
Professor Robert Slonim
University of Sydney

The Science of Giving, Economics and Improving Blood Supply

When: Thursday, 18 September 2014, 5:00pm - 6:30pm
Where: Law 108 Lecture Theatre

Blood supply in most countries falls well short of meeting demand. This presentation highlights six scientific studies that Professor Slonim has conducted to better understand motives for volunteerism in general, and donating blood in particular. The studies combine naturally occurring data with natural field experiments. The results show that basic economic principles apply to blood supply (eg offering economic incentives increases supply), despite long-standing beliefs to the contrary, and that the market for blood can be improved using economic design mechanisms.

Robert Slonim is a Professor in the School of Economics at the University of Sydney. Professor Slonim completed his undergraduate and MBA studies at U.C. Berkeley and received his PhD from Duke University in 1995. He was a postdoctural student the University of Pittsburgh from 1996 to 1998 and then joined the Department of Economics at Case Western Reserve University as an Assistant Professor. After being promoted to Associate Professor, Robert Slonim moved to the University of Sydney in 2008 as a chaired professor.

Professor Slonim has published papers in leading journals on a wide range of topics primarily using experimental economics methodology. He has studied the effects of learning in games, endogenous determinants of preferences and conducted an evaluation of an educational natural experiment on economic decision making. He has been very innovative in his use of experimental methods that have both theoretical importance and have also represented important findings for matters of public policy. He is currently working with the Red Cross and blood donation centers around the world to better understand blood donation motivation and behavior.

Professor Slonim has been awarded over a dozen competitive grants including two National Science Foundation grants for his research. He recently received a five year Australian Research Council discovery grant for his investigation of determinants of prosocial behavior in the context of blood donations. He is an Advisory Editor at Journal of Risk and Uncertainty and has been recently appointed the Editor of Journal of Economic Science Association. He has published over 30 articles in prestigious international journals, includingScience and Econometrica

Contact: For further information regarding this event, please contact Maros Servatka, or phone +64 3 3642631
RSVP: We invite you to RSVP to this lecture by registering online
For more on this topic, hit the organ markets tag...

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