5.8 Receiving flu shots provides private benefits to recipients. However, pandemic influenza spreads between cities through the

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5.8 Receiving flu shots provides private benefits to recipients. However, pandemic influenza spreads between cities through the international airline network and between cities and rural areas through ground transport. Thus, it may be in the self-interest of rich countries to pay for flu shots in poor countries

(Bobashev et al., 2011). Discuss this issue using the concepts of externalities, public goods, and free riders.

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Managerial Economics And Strategy

ISBN: 9780135640944

2nd Global Edition

Authors: Jeffrey M. Perloff, James A. Brander

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