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Dec 22, 2020

We discuss with TWS Partners’ CEO Marcus Schreiber which economic reasons led to the impressively short development time for a vaccine against SARS-CoV-2.
Marcus describes that risk mitigation and clever incentive structures set by the governments significantly contributed to this success story. This can be seen as a prime example for market design, a subfield of game theory.
For our German listeners: You can read more on this topic in Marc’s column in the Handelsblatt (https://www.handelsblatt.com/meinung/kolumnen/expertenrat/schreiber/expertenrat-marcus-schreiber-gut-dass-staaten-die-impfstoffentwicklung-nicht-allein-dem-markt-ueberlassen/26663870.html)