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.
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.
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) |
| Dewey Decimal Classification: | 330 Economics |
| Language: | English |
| Date: | December 2004 |
| Deposited On: | 29 Nov 2011 22:32 |
| Last Modified: | 27 Nov 2020 07:14 |
| Series Name: | Working paper series / Institute for Empirical Research in Economics |
| ISSN: | 1424-0459 |
| OA Status: | Green |
| Official URL: | http://www.econ.uzh.ch/wp.html |
Leoni, Patrick