#85825
Mentioned in 1 episodes
Strong medicine
Creating Incentives for Pharmaceutical Research on Neglected Diseases
Book • 2004
In Strong Medicine, Michael Kremer and Rachel Glennerster argue for 'pull mechanisms' such as advance market commitments to encourage private sector investment in vaccines for diseases affecting developing countries, where market incentives are weak.
The book proposes that donors commit to purchasing successful products at predetermined prices, rewarding effective R&D and leading to breakthroughs like vaccines that have saved hundreds of thousands of lives.
Drawing on economic theory and real-world examples, it emphasizes self-selection by researchers toward high-potential projects.
The book proposes that donors commit to purchasing successful products at predetermined prices, rewarding effective R&D and leading to breakthroughs like vaccines that have saved hundreds of thousands of lives.
Drawing on economic theory and real-world examples, it emphasizes self-selection by researchers toward high-potential projects.
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Mentioned in 1 episodes
Mentioned in the episode description as a book about incentives for pharmaceutical research on neglected diseases.
360 snips
664. Are Thousands of Medical Cures Hiding in Plain Sight?
