Question
Nudging for vaccinations. A nudge is a policy intervention that attempts to change behaviour in a predictable manner without forbidding or removing existing options. Consider
Nudging for vaccinations. A nudge is a policy intervention that attempts to change behaviour in a predictable manner without forbidding or removing existing options. Consider a nudge policy that has been applied to encourage citizens to take on the flu vaccine. E.g. automatically signing people up for flu vaccinations and requiring them to 'opt-out' if they do not want it. Look at the studies on nudges for flu vaccination mentioned in this article https://journals.sagepub.com/doi/full/10.1177/09567976177025011. Using The Framework and the estimates in those studies, conduct a cost-benefit analysis of nudging flu vaccination in a country that has yet to adopt such a nudge. Ensure you convert the cost-benefit numbers in those studies to dollar amounts: they stop at 'number of vaccinations' and do not convert those into monetary amounts. I.e. those studies are cost-effectiveness rather than cost-benefit studies.
EQUATION (In picture):
V + VS 1 Q flu I Qhealth t HS 1 Q flu + Pr I AS * + * * + t + V 1 Q flu I Qhealth + + t 1 Q flu t t The impacts of Hospital Savings, Productivity and Administration Savings are measured in dollar value, however vaccination status is not. We convert the vaccination status into dollar value by dividing the change in annual vaccination cost by the change in vaccination status. Increase vaccine uptake by taking advantage of individuals tendency to accept the default option. (V = vaccination status) Increased healthcare savings, due to a reduction in the number of hospitalizations due to Influenza, as a direct result of the increase in immunization status. (HS = healthcare savings) Reduction in sick leave across all industries of the Australian labor force, resulting in improved labour productivityStep by Step Solution
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