Arbeitspapier
Monopoly pricing with negative network effects: the case of vaccines
We study the market for vaccinations considering income heterogeneity on the demand side and monopoly power on the supply side. A monopolist has an incentive to exploit the external effect of vaccinations and leave the poor susceptible in order to increase the willingness to pay of the rich. Even the possibility to perfectly price discriminate does not remove this incentive. Pigouvian subsidies may even make things worse. Mandatory vaccination programs covering only the poor succeed in eradicating the disease. This offers an efficiency based rationale for distribution-oriented national or international public health interventions.
- Weitere Titel
-
Monopolpreisbildung mit negativen Netzwerkeffekten am Beispiel von Impfstoffen
- Sprache
-
Englisch
- Erschienen in
-
Series: WZB Discussion Paper ; No. SP II 2003-06
- Klassifikation
-
Wirtschaft
Market Structure, Pricing, and Design: Monopoly
Externalities
Taxation and Subsidies: Externalities; Redistributive Effects; Environmental Taxes and Subsidies
Analysis of Health Care Markets
Health: Government Policy; Regulation; Public Health
- Thema
-
Vaccination
monopoly pricing
price discrimination
negative network effects
Pigouvian subsidies
mandatory vaccination programs
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Kessing, Sebastian
Nuscheler, Robert
- Ereignis
-
Veröffentlichung
- (wer)
-
Wissenschaftszentrum Berlin für Sozialforschung (WZB)
- (wo)
-
Berlin
- (wann)
-
2003
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Kessing, Sebastian
- Nuscheler, Robert
- Wissenschaftszentrum Berlin für Sozialforschung (WZB)
Entstanden
- 2003
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