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> the US government could start making the company look like jerks by offering $50 billion for the patent Pretend you were in charge of Medicare/Medicaid. The
by danielweber 10y ago
> the US government could start making the company look like jerks by offering $50 billion for the patent
Pretend you were in charge of Medicare/Medicaid. The NPV of the lifetime care cost of the HepC symptoms of each HepC patient on your rolls is $X. You want to encourage someone to develop a cure for HepC, so you put out a price bid for what you will pay someone who shows up with a cure. What price do you offer?
- maxerickson 10y agoI offer $Y, the lowest amount I think I can get them to accept.
- danielweber 10y agoIn the hypothetical, you are offering a price before anyone has developed it. "You want to encourage someone to develop a cure." What price do you offer for someone who shows up with a cure?