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Designing the Financial Tool to Promote Universal Free-Access to AIDS Care


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.

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.

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.

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Additional indexing

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
Scope:Discipline-based scholarship (basic research)
Language:English
Date:December 2004
Deposited On:29 Nov 2011 22:32
Last Modified:08 Mar 2024 13:51
Series Name:Working paper series / Institute for Empirical Research in Economics
ISSN:1424-0459
OA Status:Green
Other Identification Number:merlin-id:5607