This paper is inspired by the recurring mismatch between demand and supply in the U.S. influenza vaccine market. Economic theory predicts that an oligopolistic market with unregulated but costly entry will experience excess entry and oversupply, not the undersupply observed in the market for...

We present a model of dynamic resource allocation in a setting where continuity of service is important and future resource availability is uncertain. The paper is inspired by the challenges faced by HIV clinics in resource-limited settings in the allocation of scarce HIV treatment among a large...

This paper is inspired by the recurring mismatch between demand and supply in the U.S. influenza vaccine market. Economic theory predicts that an oligopolistic market with unregulated but costly entry will experience excess entry and oversupply, not the undersupply observed in the market for...