Joan Costa-Font

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    Social vs market value: how much is a COVID-19 vaccine worth?

Social vs market value: how much is a COVID-19 vaccine worth?

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Vaccine uptake protects individuals and societies, but how much is the COVID-19 vaccine worth? Joan Costa-Font, Caroline Rudisill, Sayward Harrison, and Luca Salmasi estimate that the willingness to pay for a COVID-19 vaccine in the US, UK, Spain, and Italy in July 2020 ranged between 100 and 200 US dollars. However, the social value of the vaccine exceeds its […]

Myopic self-interest restricts access to COVID-19 vaccines

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COVID-19 vaccination presents a picture of inequality: about 51% of the world’s vaccines are in the hands of 14% of the global population. Between and within countries, the distribution of vaccines has reflected existing racial and socioeconomic hierarchies rather than allocations that would maximise collective social welfare. Many countries see this as a contest. As a result, ‘winners’ order […]

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