Graduation Year
2019
Document Type
Open Access Senior Thesis
Degree Name
Bachelor of Arts
Department
Mathematics
Reader 1
Susan Martonosi
Reader 2
Christopher Towse
Rights Information
2019 SeongEun Lee
Abstract
In this work, we aim to present an optimization model for vaccine pricing in a two-economy duopoly. This model observes the price dynamics between a high income country and a low income country that procure vaccinations through PAHO. This model is formulated to provide insights on optimal pricing strategy for PAHO to ultimately increase vaccine accessibility to low income countries. The objective is to satisfy the public demand at the lowest price possible, while providing enough profit for the vaccine manufacturers to stay in business. Using non-linear integer programming, the model results show that cross-subsidization occurs in PAHO vaccine procurement.
Recommended Citation
Lee, SeongEun and Martonosi, Susan E., "Procuring Pediatric Vaccines in a Two-Economy Duopoly" (2019). Scripps Senior Theses. 1418.
https://scholarship.claremont.edu/scripps_theses/1418
