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Announcement
Announcement
Market for surrogate motherhood: a case of quasi legal contract

Student name: Ms Aanchal Kumar
Guide: Prof Badal Mokhopadhyay
Year of completion: 2013
Host Organisation: TERI University

Abstract: We aim to develop a theoretical model using the problem of Samaritan‘s dilemma to ensure that the surrogate is paid adequate compensation in the event of a failure. We show that if we introduce a third party in the form of an altruist, then the effort level exerted by the surrogate reduces, but the compensation in case of failure is at least as much as her reservation utility.

Keywords: Surrogate, Altruism, Contract, Compensation