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Design the Financial Tool to Promote Universal Free Access to AIDS Care

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  • Patrick Leoni
  • St�phane Luchini

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 financial tool 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.

Suggested Citation

  • Patrick Leoni & St�phane Luchini, "undated". "Design the Financial Tool to Promote Universal Free Access to AIDS Care," IEW - Working Papers 214, Institute for Empirical Research in Economics - University of Zurich.
    • Handle: RePEc:zur:iewwpx:214
    as

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    File URL: https://www.zora.uzh.ch/id/eprint/52109/1/iewwp214.pdf
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    References listed on IDEAS

    as
    1. Avinash K. Dixit & Robert S. Pindyck, 1994. "Investment under Uncertainty," Economics Books, Princeton University Press, edition 1, number 5474.
    2. Jean-Paul Moatti & Benjamin Coriat & Yves Souteyrand & Tony Barnett & Jérôme Dumoulin & Yves-Antoine Flori, 2003. "Economics of AIDS and access to HIV/AIDS care in developing countries : issues and challenges," Post-Print halshs-00112023, HAL.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    option design; AIDS; social choices;
    All these keywords.

    JEL classification:

    • G13 - Financial Economics - - General Financial Markets - - - Contingent Pricing; Futures Pricing
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior

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