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Losers and winners: what people think about contested-commodity transactions

Published online by Cambridge University Press:  06 May 2026

Johanna Jauernig
Affiliation:
New College of Florida, Sarasota, USA Leibniz Institute of Agricultural Development in Transition Economies (IAMO), Halle (Saale), Germany
Samuel Brea Martínez-Collado*
Affiliation:
Leibniz Institute of Agricultural Development in Transition Economies (IAMO), Halle (Saale), Germany
*
Corresponding author: Samuel Brea Martínez-Collado; Email: Martinez@iamo.de
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Abstract

Contested commodities such as kidneys, surrogate pregnancies, or sex work raise questions about whether these exchanges improve people’s lives or cause harm. We address this issue by examining how U.S. participants perceive changes in buyers’ and sellers’ welfare resulting from contested‑commodity transactions. Across both contested and non‑contested commodities, respondents predominantly evaluated exchanges through a zero‑sum lens – assuming that one party gains at the other’s expense. Despite normative debates emphasizing the vulnerability of sellers in contested markets, participants frequently viewed sellers as the beneficiaries, though less strongly than in non‑contested exchanges. These findings have implications for the institutional analysis of contested commodity markets. Because the perceived legitimacy of market institutions partly depends on public beliefs, our results help illuminate the moral and policy disputes that shape debates over commodification.

Information

Type
Research Article
Creative Commons
Creative Common License - CCCreative Common License - BY
This is an Open Access article, distributed under the terms of the Creative Commons Attribution licence (https://creativecommons.org/licenses/by/4.0/), which permits unrestricted re-use, distribution and reproduction, provided the original article is properly cited.
Copyright
© The Author(s), 2026. Published by Cambridge University Press on behalf of Millennium Economics Ltd
Figure 0

Table 1. Operationalization of who benefits from transactions

Figure 1

Table 2. Participants’ evaluations of who benefits from the 14 transactions

Figure 2

Figure 1. Participants’ evaluations of buyers and sellers in transactions of contested and non‑contested commodities.Note: The detailed evaluations are in Appendix C, Table 4.

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