Optimal Disease Eradication
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Forfattere:
Barrett, Scott and Michael Hoel
År:
2007
Referanse:
Environment and Development Economics
12, 627-652Sammendrag (engelsk)
Using a dynamic model of the control of an infectious disease, we derive the conditions under which eradication will be optimal. When eradication is feasible, the optimal program requires either a low vaccination rate or eradication. A high vaccination rate is never optimal. Under special conditions, the results are especially stark: the optimal policy is either not to vaccinate at all or to eradicate. Our analysis yields a cost-benefit rule for eradication, which we apply to the current initiative to eradicate polio.
Nøkkelord:
eradication of infectious diseases, vaccination, control theory, cost-benefit analysis, poliomyelitis.
JEL:
D61, H41, I18.
Prosjekt info:
Oppdragsgiver: Norges forskningsrådOppdragsgivers prosjektnr.:
Frisch prosjekt: 4101 - Økonomi og helse
Kontakt:
michael.hoel@econ.uio.no
Finansiering:
The Research Council of Norway