scholarly journals The rich-to-poor vaccine donation game: When will self-interested countries donate their surplus vaccines during pandemics?

Author(s):  
Adam Lampert ◽  
Raanan Sulitzeanu-Kenan ◽  
Pieter Vanhuysse ◽  
Markus Tepe

When will self-interested vaccine-rich countries voluntarily donate their surplus vaccines to vaccine-poor countries during a pandemic? We develop a game-theoretic approach to address this question. We identify vaccine-rich countries' optimal surplus donation strategies, and then examine whether these strategies are stable (Nash equilibrium or self-enforcing international agreement). We identify parameter ranges in which full or partial surplus stock donations are optimal for the donor countries. Within a more restrictive parameter region, these optimal strategies are also stable. This implies that, under certain conditions (notably a total amount of surplus vaccines that is sufficiently large), simple coordination can lead to significant donations by strictly self-interested vaccine-rich countries. On the other hand, if the total amount that the countries can donate is small, we expect no contribution from self-interested countries. The results of this analysis provide guidance to policy makers in identifying the circumstances in which coordination efforts are likely to be effective.

2014 ◽  
Vol 2014 ◽  
pp. 1-14 ◽  
Author(s):  
Shun Shindo ◽  
Nobuo Matsubayashi

We study a retailer's strategic decision with regard to outsourcing the production of such types of store brands (SBs) to national brand (NB) manufacturers. The wholesale price of NB is assumed to be set by the manufacturer, while that of the SB is assumed to be set by the retailer. When a retailer outsources SB production to an NB manufacturer, the NB manufacturer might suffer from cannibalization due to offering both the SB and the NB, implying that a strategic interaction between the retailer and manufacturer is an important issue. Based on this motivation, we mainly focus on the strategy of a dominant retailer in such a situation and investigate it with a game-theoretic approach. We show that the optimal strategy for the SB retailer sensitively depends on the degree of differentiation between the SB and the NB. In particular, if both products are less differentiated, the retailer benefits from offering only the SB, and, in this case, the retailer should offer its wholesale price, after the manufacturer sets the NB wholesale price. Furthermore, it is shown that the optimal strategies of the retailer are socially efficient, if and only if the SB and the NB are sufficiently differentiated.


1982 ◽  
Vol 55 (3) ◽  
pp. 367 ◽  
Author(s):  
Carl Alan Batlin ◽  
Susan Hinko

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