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Contribution Details

Type Working Paper
Scope Discipline-based scholarship
Title Designing the Financial Tools to Promote Universal Free Access to AIDS Care
Organization Unit
Authors
  • Patrick Leoni
  • Stéphane Luchini
Language
  • English
Institution University of Zurich
Series Name Working paper series / Institute for Empirical Research in Economics
Number No. 227
ISSN 1424-0459
Date 2005
Abstract Text Typical of the AIDS epidemics is that governments in developing countries under-invest inndrugs production because of the possible appearance of a curative vaccine. We design a set ofnfinancial tools allowing to hedge against this event and achieving full risk-sharing. We shownthat the introduction of those assets increase social welfare in developing countries, as well asnthe number of treated patients and the provision of public good.
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