• Frank |
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• Mar 21,2008

You Are Too Healthy

Or so says a National Bureau of Economic Research working paper, “The Other Ex-Ante Moral Hazard in Health”, via MarginalRevolution and The Economist blog.
As The Economist has it:
IF WE all had malaria, the incentive to pharmaceutical companies to develop a cure for malaria would be massive. In all probability, some company would then develop [...]