EU’s Ordering of COVID-19 Vaccine Doses: Political Decision-Making under Uncertainty

Werner Gleißner, Florian Follert, Frank Daumann and Frank Leibbrand
Additional contact information
Werner Gleißner: Faculty of Business and Economics, Technical University Dresden, 01069 Dresden, Germany
Florian Follert: Faculty of Management, Seeburg Castle University, 5201 Seekirchen am Wallersee, Austria
Frank Daumann: Faculty of Social and Behavioural Sciences, Friedrich Schiller University, 07743 Jena, Germany
Frank Leibbrand: Institut für Angewandte Wirtschaftsforschung und Wirtschaftsberatung, 96135 Stegaurach, Germany

IJERPH, 2021, vol. 18, issue 4, 1-12

Abstract: Worldwide, politicians, scientists, and entrepreneurs are operating under high uncertainty and incomplete information regarding the adequacy of measures to deal with the COVID-19 pandemic. It seems indisputable that only widespread and global immunity can bring normalization to social life. In this respect, the development of a vaccine was a milestone in pandemic control. However, within the EU, especially in Germany, the vaccination plan is increasingly faltering, and criticism is growing louder. This paper considers the EU’s political decision in general and the decisions of the German government to procure vaccine doses against the background of modern economics as a decision under uncertainty and critically analyzes the process.

Keywords: COVID-19; decision-making; uncertainty; vaccine; political economy; public health (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/1660-4601/18/4/2169/pdf (application/pdf)
https://www.mdpi.com/1660-4601/18/4/2169/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jijerp:v:18:y:2021:i:4:p:2169-:d:504152

Access Statistics for this article

IJERPH is currently edited by Ms. Jenna Liu

More articles in IJERPH from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().