SOMETIMES, YOU GET WHAT YOU PAY FOR: A couple of weeks ago, I wrote to a professor friend who has written about using prizes to encourage research. I suggested that the government should offer a large prize for whoever invents a coronavirus vaccine, because there will be tremendous pressure for the inventor to not make a profit on its sale, which will dampen the incentive to invent it. Lo and behold, I see the below from JNJ. Call me crazy, but I’d prefer potential vaccine inventors to think that inventing one will be extremely profitable. Incentives and all…
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