Tuesday, November 24, 2009

Should the H1N1 Vaccine be Sold? III

Earlier, I speculated on the effects of allocating the H1N1 vaccine without price signals and then suggested that doing so could increase theft. I forgot to mention that doing so also encourages the emergence of black markets that tend to undermine the intended allocation mechanism.

1 comment:

  1. I hope she got swine flu at the show.

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