Thursday, August 07, 2008

Unit 1: A campaign to overcome information failure: MMR

This BBC clip outlines a plan to get those wiithout full MMR protection immunised

http://news.bbc.co.uk/1/hi/health/7546531.stm

a) What is the private cost of getting a MMR jab?
b) What is the private benefit of getting a MMR jab?
c) What are the external benefits/positive externalities associated with a MMR jab?
d) How successful is the govt information campaign likely to be in reducing the market failure?

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