Managing the risk of COVID‐19 via vaccine passports: Modeling economic and policy implications. (9th January 2022)

• Record Type: Journal Article
• Authors: Goel, Rajeev K.; Jones, James R.
• Is Part Of: Managerial and decision economics. Volume 43:Number 6(2022)
• Page Start: 2578
• Page End: 2586
• Publication Date: 2022-01-09
• Subjects: Managerial economics -- Periodicals; Decision making -- Periodicals; Management -- Periodicals; 658.15
• DOI: 10.1002/mde.3546
• Languages: English
• ISSNs: 0143-6570

Abstract

Abstract : The increasing use of vaccine passports (VPs) to certify immunity from the prevailing coronavirus has created positive and negative aspects that have shaken the workings of markets. The VPs are, however, not universally used and not required by all businesses and governments at this point. Given the newness associated with VPs and the ongoing uncertainty of the pandemic, full implications of VPs have not been considered. This paper provides some formal insights into the implications of the use of VPs, borrowing from the established economic theory. Recommendations for public policy are provided.