Highlights: #189 – Rachel Glennerster on how “market shaping” could help solve climate change, pandemics, and other global problems
80k After Hours
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Exploring the Use of Advanced Market Commitments in Driving Product Development and Involving Big Firms
The chapter explores the use of Advanced Market Commitments to drive the creation of products like a universal COVID-19 vaccine by offering financial commitments that secure a market. It also outlines the estimated cost of implementing an AMC in the US and emphasizes the need for engagement with large corporations for scalability and efficacy.
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