Vaccines: The Long Run

Posted by Clark Venable on 10/16/2004

Vaccines: The Long Run:

" "Yesterday I discussed some of the reasons for the current shortage. Today, I will discuss an important paper by Michael Kremer and Christopher Snyder. Kremer and Snyder argue that for the same cost and effectiveness drugs are more profitable to produce than vaccines. As a result, private incentives bias the market against vaccines." "

[Via Marginal Revolution]

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