Author:
BARRETT SCOTT,HOEL MICHAEL
Abstract
Using a dynamic model of the control of an infectious disease, we derive the conditions under which eradication will be optimal. When eradication is feasible, the optimal program requires either a low vaccination rate or eradication. A high vaccination rate is never optimal. Under special conditions, the results are especially stark: the optimal policy is either not to vaccinate at all or to eradicate. Our analysis yields a cost–benefit rule for eradication, which we apply to the current initiative to eradicate polio.
Publisher
Cambridge University Press (CUP)
Subject
Economics and Econometrics,General Environmental Science,Development
Cited by
64 articles.
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