4 ms·
That doesn't really make sense. There has to be a point, and likely it's a pretty low figure, at which the life-saving value of getting and using money offsets
by tarboreus 6y ago
That doesn't really make sense. There has to be a point, and likely it's a pretty low figure, at which the life-saving value of getting and using money offsets whatever downside comes with giving a rich person the vaccine. Obviously receiving $100 billion for one vial of vaccine would be an appropriate tradeoff, you can save any number of lives with that money. Once you acknowledge this, it's also obvious that a much smaller amount would also save lives. An auction would likely kick up low to mid five figures, maybe even six figures, and the utility of that money is almost certainly higher than the single vial. This is even before you consider that the vaccine will wind up in the hands of rich people anyway, with no additional utility to anyone.