Optimal Disease Eradication
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.
Year of publication: |
2004
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Authors: | Hoel, Michael ; Barrett, Scott |
Publisher: |
Milano : Fondazione Eni Enrico Mattei (FEEM) |
Subject: | Infektionskrankheit | Impfung | Kosten-Nutzen-Analyse | Kontrolltheorie | Eradication of infectious diseases | Vaccination | Control theory | Cost-benefit analysis | Poliomyelitis |
Saved in:
freely available
Series: | Nota di Lavoro ; 50.2004 |
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Type of publication: | Book / Working Paper |
Type of publication (narrower categories): | Working Paper |
Language: | English |
Other identifiers: | hdl:10419/117933 [Handle] RePEc:fem:femwpa:2004.50 [RePEc] |
Classification: | D61 - Allocative Efficiency; Cost-Benefit Analysis ; H41 - Public Goods ; I18 - Government Policy; Regulation; Public Health |
Source: |
Persistent link: https://www.econbiz.de/10011324931