It seems to me that one characteristic of the optimal funding system would be very high funding/burden ratios for contagious diseases with catastrophic worst-case scenarios (e.g. Ebola), holding all other things like P(Breakthrough) equal.
A market-based system might not have this characteristic, especially if a “free rider” problem arises.
It seems to me that one characteristic of the optimal funding system would be very high funding/burden ratios for contagious diseases with catastrophic worst-case scenarios (e.g. Ebola), holding all other things like P(Breakthrough) equal.
A market-based system might not have this characteristic, especially if a “free rider” problem arises.