The Market for Surrogate Motherhood Contracts

Gillian Hewitson

The Economic Record, 1997, vol. 73, issue 222, 212-224

Abstract: Surrogate motherhood is a controversial subject, and has not previously been formally modelled by economists. In this paper, a neoclassical model of the market for surrogate motherhood contracts is developed, based on the utility maximizing decisions of potential surrogate mothers and commissioning parties. The presence of both altruistic and self‐interested behaviour generates unusual market outcomes.

Date: 1997
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