Aids: An Economic Approach to the Choice of Policies
AbstractThis paper presents a novel approach to the difficult problem of society choosing the optimal set of policy instruments to control the spread of AIDS. The economic approach emphasizes the determinants of agents' behavior and the reciprocal nature of the market failure problem. The nature of the social objective function is discussed and an expected-utility-maximizing model of the behavior of HIV-infectious agents is developed. In the light of the agents' responses to government policies, some general principles relating to the ranking of instruments and their targeting of individual groups and of instrument variables are developed. Copyright 1991 by The Economic Society of Australia.
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Bibliographic InfoArticle provided by The Economic Society of Australia in its journal The Economic Record.
Volume (Year): 67 (1991)
Issue (Month): 197 (June)
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- Francis, Peter J., 1997. "Dynamic epidemiology and the market for vaccinations," Journal of Public Economics, Elsevier, vol. 63(3), pages 383-406, February.
- Shorish, Jamsheed, 2007.
"Welfare Analysis of HIV/AIDS: Formulating and Computing a Continuous Time Overlapping Generations Policy Model,"
211, Institute for Advanced Studies.
- Jamsheed Shorish, 2007. "Welfare analysis of HIV/AIDS: Formulating and computing a continuous time overlapping generations policy model," The School of Economics Discussion Paper Series 0709, Economics, The University of Manchester.
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