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have influenced the direction of innovation over the last four decades. Our findings suggest that the demography of …
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We develop a model of induced innovation where research effort is a function of the death rate, and thus the potential … innovation based on differences in disease prevalence across population subgroups (i.e. race). Our model yields three empirical … population as a whole, induced innovation leads to growth in mortality disparities between minority and majority groups. Using …
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The "tragedy of the commons" metaphor helps explain why people overuse shared resources. However, the recent proliferation of intellectual property rights in biomedical research suggests a different tragedy, an "anticommons" in which people underuse scarce resources because too many owners can...
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We develop a model of induced innovation that applies to medical research. Our model yields three empirical predictions … a whole, induced innovation leads to growth in mortality disparities between minority and majority groups. Using …
Persistent link: https://www.econbiz.de/10014137224
We develop a model of induced innovation where research effort is a function of the death rate, and thus the potential … innovation based on differences in disease prevalence across population subgroups (i.e. race). Our model yields three empirical … population as a whole, induced innovation leads to growth in mortality disparities between minority and majority groups. Using …
Persistent link: https://www.econbiz.de/10013070797
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