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Permanent URL to this publication: http://dx.doi.org/10.5167/uzh-52109

Leoni, Patrick; Luchini, Stéphane (2004). Designing the Financial Tool to Promote Universal Free-Access to AIDS Care. Working paper series / Institute for Empirical Research in Economics No. 214, University of Zurich.

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Abstract

Typical of the AIDS epidemics is that governments in developing countries under-invest in drugs production because of the possible appearance of a curative vaccine. We design a financialntool allowing to hedge against this event. We show that the introduction of this asset increases social welfare, as well as the number of patients treated and the provision of public good.

Item Type:Working Paper
Communities & Collections:03 Faculty of Economics > Department of Economics
Working Paper Series > Institute for Empirical Research in Economics (former)
DDC:330 Economics
Language:English
Date:December 2004
Deposited On:29 Nov 2011 23:32
Last Modified:09 Jul 2012 07:02
Series Name:Working paper series / Institute for Empirical Research in Economics
ISSN:1424-0459
Official URL:http://www.econ.uzh.ch/wp.html

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