Why Not Egg Futures?
Older women often find themselves too old to have kids, and regretting it. Such women would have gained by freezing some eggs when they were younger. But when younger, they didn’t think they’d ever want kids, or thought the issue could wait.
Such women might be helped by an egg futures business, paid to take on this risk for them. Such a business could buy eggs from women when young, freeze them, and sell them back to these same women when old.
Of course, to compensate for the wait and risk that the women wouldn’t want eggs later, this business would have to sell eggs back a high price. But still, if the women bought the egg later, that would show they expected to gain from the deal.
Also, not all women would make equally good prospects. So such a business would focus on women likely to wait too long, be well off, and want kids later. So this business would “discriminate” by class in its purchases, paying more to upper class women. A lot like we now discriminate when we pay more for used clothes, cars, or houses from richer people.
Several people have told me that, while they were not personally offended, they expect others to be offended by such a business. Especially if men were involved in the business – a female only business would offend less. I’m somewhat mystified, which is partly why I’m writing this post. Maybe others can help me understand the objection.
Interestingly, we could add some personal prediction markets, which would probably be legal. For each possible young woman, there could be a market where one buys and sells conditional shares in an egg from that customer. If you owned a conditional share, you’d own a share of the profit from later selling that customer her egg. And you’d owe a share of the cost to buy her egg from her, freeze it, and store it. Imagine the fun buying and selling conditional shares regarding the young women that you know. And the fact that this is a share of a real physical object should make it legal.
Ok, I can see how people might be offended at this last suggestion. After all, there’s a risk that people might have fun on something that is supposed to be serious!