Question
According to Professor Malani though, in net, the sign of the externality (i.e. positive/negative) in the dynamic model is, theoretically speaking, ambiguous a priori. Why?
According to Professor Malani though, in net, the sign of the externality (i.e. positive/negative) in the dynamic model is, theoretically speaking, ambiguous a priori. Why? Explain. What are some of the external costs to flu vaccinations that are not considered in the static framework?
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Managerial Economics Theory Applications and Cases
Authors: Bruce Allen, Keith Weigelt, Neil A. Doherty, Edwin Mansfield
8th edition
978-0393124491, 393124495, 978-0039391277, 393912779, 978-0393912777
