Equitable Allocation of Vaccines in a Supply Network

37 Pages Posted: 27 Dec 2022

See all articles by Battal Doğan

Battal Doğan

School of Economics, University of Bristol

Madhav Raghavan

University of Lausanne

Date Written: December 23, 2022

Abstract

The COVAX initiative has allocated over 1.9 billion units of vaccines in a centralised framework to over 150 countries towards achieving countries’ self-reported demands. However, recipient countries are not always eligible for vaccines from all sources due to export licensing restrictions or political considerations. We formalise the efficiency and equity principles of COVAX policymakers in the face of supply network restrictions. We introduce the Serial Priority with Improvement Paths (SPIP) mechanism, which ensures an efficient and fair allocation and is robust to manipulations via demand. Our SPIP mechanism was implemented in Phase II of the COVAX initiative.

Keywords: vaccines, COVAX, COVID-19, equity, supply network.

JEL Classification: D02, D30, D47, D63.

Suggested Citation

Doğan, Battal and Raghavan, Madhav, Equitable Allocation of Vaccines in a Supply Network (December 23, 2022). Available at SSRN: https://ssrn.com/abstract=4310421 or http://dx.doi.org/10.2139/ssrn.4310421

Battal Doğan (Contact Author)

School of Economics, University of Bristol ( email )

United Kingdom

Madhav Raghavan

University of Lausanne

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