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Why have vaccines been unprofitable in the past? What has caused vaccines to become more profitable? Why does profit in this context carry a negative connotation? Classify the following. Is it a private public good, common resource, artificially scarce good, or positive externality (a side effect on third parties)? -­‐ Vaccines -­‐ Herd immunity -­‐ Public health 5. What actions does the government already take to ensure people are vaccinated? 6. What further steps should be taken (if any)? 1.
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Why have vaccines been unprofitable in the past? What has caused vaccines to become more profitable? Why does profit in this context carry a negative connotation? Classify the following. Is it a private public good, common resource, artificially scarce good, or positive externality (a side effect on third parties)? -­‐ Vaccines -­‐ Herd immunity -­‐ Public health 5. What actions does the government already take to ensure people are vaccinated? 6. What further steps should be taken (if any)? 1.
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Why have vaccines been unprofitable in the past? What has caused vaccines to become more profitable? Why does profit in this context carry a negative connotation? Classify the following. Is it a private public good, common resource, artificially scarce good, or positive externality (a side effect on third parties)? -­‐ Vaccines -­‐ Herd immunity -­‐ Public health 5. What actions does the government already take to ensure people are vaccinated? 6. What further steps should be taken (if any)?