Review of Economic Studies Vol. 77 No. 1 2009
Dynamic Kidney Exchange
open access
Abstract
We study how barter exchanges should be conducted through a centralized mechanism in a dynamically evolving agent pool with time- and compatibility-based preferences. We derive the dynamically efficient two-way and multi-way exchange mechanisms that maximize total discounted exchange surplus. Recently several live-donor kidney exchange programmes were established to swap incompatible donors of end-stage kidney disease patients. Since kidney exchange can be modelled as a special instance of our more general model, dynamically efficient kidney exchange mechanisms are derived as corollaries. We make policy recommendations using simulations.
- DOI
- 10.1111/j.1467-937x.2009.00575.x
- Volume
- 77
- Issue
- 1
- Pages
- 372-414
- Language
- en
- Sources
- bibtex:phds-export.bib openalex crossref