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Economics of Childhood Immunization

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  • Hemenway, David

Abstract

Recent outbreaks of measles and other childhood diseases have put immunization policy on the national agenda. This teaching note on childhood immunization, intended for principles courses, discusses the rationale for government involvement, the situation in the United States, and the policies of Northern Ireland and Austria. It emphasizes (1) the use of financial incentives to motivate behavior, (2) the distinction between shifting and moving along the demand curve, and (3) the notion of negative prices (i.e., paying the customer to 'buy' the item). Students especially like the idea of the demand curve extending below the x-axis. Copyright 1994 by Oxford University Press.

Suggested Citation

  • Hemenway, David, 1994. "Economics of Childhood Immunization," Economic Inquiry, Western Economic Association International, vol. 32(3), pages 519-523, July.
  • Handle: RePEc:oup:ecinqu:v:32:y:1994:i:3:p:519-23
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    Cited by:

    1. Joseph Cook & Marc Jeuland & Brian Maskery & Donald Lauria & Dipika Sur & John Clemens & Dale Whittington, 2009. "Using private demand studies to calculate socially optimal vaccine subsidies in developing countries," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 28(1), pages 6-28.

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