Designing Advance Market Commitments for New Vaccines
Published Online:1 Feb 2022https://doi.org/10.1287/mnsc.2021.4163
References
- (2004) Market size in innovation: Theory and evidence from the pharmaceutical industry. Quart. J. Econom. 119(3):1049–1090.Crossref, Google Scholar
- (2020) In the race for a coronavirus vaccine, we must go big. really, really big. New York Times, May 4, https://www.nytimes.com/2020/05/04/opinion/coronavirus-vaccine.html.Google Scholar
- (2005) Vaccine advance-purchase agreements for low-income countries: Practical issues. Health Affairs 24(3):653–665.Crossref, Google Scholar
- (2007) Advance market commitments for vaccines against neglected diseases: Estimating costs and effectiveness. Health Econom. 16(5):491–511.Crossref, Google Scholar
- (2011) Advance market commitment for pneumococcal vaccines: Putting theory into practice. Bull. World Health Organ. 89:913–918.Crossref, Google Scholar
- (2020a) Leave No One Behind: Using a Benefit-Based Advance Market Commitment to Incentivise Development and Global Supply of COVID-19 Vaccines (Center for Global Development, Washington, DC).Google Scholar
- (2020b) Market-driven, value-based, advance commitment (MVAC): Accelerating the development of a pathbreaking universal drug regimen to end TB. BMJ Global Health. 5(e002061):1–6.Google Scholar
- (2012) Prizes and patents: Using market signals to provide incentives for innovations. J. Econom. Theory 147:781–801.Crossref, Google Scholar
- Department for International Development (2009) Advance market commitments for low-carbon development: an economic assessment. Final report, Department for International Development, London.Google Scholar
- (2016) Market outcomes and dynamic patent buyouts. Internat. J. Industry Organ. 48:207–243.Crossref, Google Scholar
- GAVI (2020) COVAX explained. Accessed November 4, 2020, https://www.gavi.org/vaccineswork/covax-explained.Google Scholar
- (1998) Patent buyouts: A mechanism for encouraging innovation. Quart. J. Econom. 113(4):1137–1167.Crossref, Google Scholar
- (2000a) Creating markets for new vaccines. Part I: Rationale. Innovation Policy Econom. 1:35–72.Crossref, Google Scholar
- (2000b) Creating markets for new vaccines. Part II: Design issues. Innovation Policy Econom. 1:73–118.Crossref, Google Scholar
- (2004) Strong Medicine: Creating Incentives for Pharmaceutical Research on Neglected Disease. (Princeton University Press, Princeton, NJ).Google Scholar
- (2010) Incentivizing innovation: Adding to the tool kit. Innovation Policy Econom. 10:1–17.Crossref, Google Scholar
- (2020) Advance market commitments: Insights from theory and experience. Amer. Econom. Assoc. Papers Proc. 110:269–273.Google Scholar
- (2005) Making Markets for Vaccines: Ideas to Action (Center for Global Development, Washington, DC).Google Scholar
- (2005) Making practical markets for vaccines. PLoS Medicine 2(10):934–938.Crossref, Google Scholar
- (2012) Cost-effectiveness and economic benefits of vaccines in low- and middle-income countries: A systematic review. Vaccine 31(1):96–108.Crossref, Google Scholar
- (2006) Developing drugs for developing countries. Health Affairs 25(2):313–324.Crossref, Google Scholar
- (1999) On the optimality of the patent renewal system. RAND J. Econom. 30:181–196.Crossref, Google Scholar
- (2011) Are advance market commitments for drugs a real advance? Nature Medicine 17(2):139.Crossref, Google Scholar
- (2011) A theoretical flaw in the advance market commitment idea. J. Medicine Ethics 36:339–343.Crossref, Google Scholar
- (2011) economic perspectives on the advance market commitment for pneumococcal vaccines. Health Affairs 30(8):1508–1517.Crossref, Google Scholar
- (2020) Designing pull funding for a COVID-19 vaccine. Health Affairs 39(9):1633–1642.Crossref, Google Scholar
- U.S. Health and Human Services (2020) U.S. government engages Pfizer to produce millions of doses of COVID-19 vaccine. Accessed November 23, 2020, https://www.hhs.gov/about/news/2020/07/22/us-government-engages-pfizer-produce-millions-doses-covid-19-vaccine.html.Google Scholar
- (2012) Innovative financing for agriculture, food security, and nutrition. International Expert Report, Leading Group on Innovative Financing to Fund Development, Paris.Google Scholar
- (2012) Market power screens willingness-to-pay. Quart. J. Econom. 127(4):1971–2003.Crossref, Google Scholar
- World Bank and GAVI (2006) Framework document: Pilot AMC for pneumococcal vaccines. Accessed July 3, 2007, http://www.vaccineamc.org/files/Framework Pneumo AMC Pilot.pdf.Google Scholar
- World Health Organization (2007) Pnuemococcal conjugate vaccine for childhood immunization—WHO position paper. Weekly Epidemiology Rec. 82(12):93–104.Google Scholar

