Optimal disease eradication

Scott Barrett and Michael Hoel ()

Environment and Development Economics, 2007, vol. 12, issue 5, 627-652

Abstract: Using a dynamic model of the control of an infectious disease, we derive the conditions under which eradication will be optimal. When eradication is feasible, the optimal program requires either a low vaccination rate or eradication. A high vaccination rate is never optimal. Under special conditions, the results are especially stark: the optimal policy is either not to vaccinate at all or to eradicate. Our analysis yields a cost–benefit rule for eradication, which we apply to the current initiative to eradicate polio.

Date: 2007
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Working Paper: Optimal Disease Eradication (2009)
Working Paper: Optimal Disease Eradication (2004)
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