Eliminating incentives for behaviour against the public good?
How can economic approaches be used to understand and eliminate incentives for behaviour that goes against the public good, or long-term interests?
- Laxminarayan has shown that antimicrobial resistance is strongly analogous to the problem of depletion of a natural resource, and consequently amenable to representation using models derived from environmental economics.
- Similarly, game-theoretical approaches have given important insight into vaccination strategies. Many other persistent hurdles to disease eradication are amenable to investigation with ideas and tools from economics.