6min chapter

Dwarkesh Podcast cover image

Alex Tabarrok - Prizes, Prices, and Public Goods

Dwarkesh Podcast

CHAPTER

Incentivizing Vaccine Innovation

This chapter explores the challenges of funding vaccine development, emphasizing the need for upfront investment in manufacturing and diverse funding strategies. It discusses the role of open prize mechanisms and the urgency of investing in various vaccine candidates to enhance success rates during pandemics.

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