Does Reference Dependence Impact Intervention Mechanisms in Vaccine Markets?

Prior research suggests that, to maintain sustainable health, inefficient vaccine markets need to be intervened by government subsidy. However, the effectiveness of these intervention mechanisms is often reduced by the absence of reference dependence preference. Our paper introduces this preference...

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Bibliographic Details
Main Authors: Feiyu Guo, Erbao Cao
Format: Article
Language:English
Published: MDPI AG 2020-08-01
Series:Sustainability
Subjects:
Online Access:https://www.mdpi.com/2071-1050/12/16/6371