The challenge of antimicrobial resistance: What economics can contribute
John Radcliffe Hospital · National Institute for Health and Care Research · +7 more institutions
Abstract
As antibiotic consumption grows, bacteria are becoming increasingly resistant to treatment. Antibiotic resistance undermines much of modern health care, which relies on access to effective antibiotics to prevent and treat infections associated with routine medical procedures. The resulting challenges have much in common with those posed by climate change, which economists have responded to with research that has informed and shaped public policy. Drawing on economic concepts such as externalities and the principal-agent relationship, we suggest how economics can help to solve the challenges arising from increasing resistance to antibiotics. We discuss solutions to the key economic issues, from incentivizing…
Citation impact
- FWCI
- 40.02
- Percentile
- 100%
- References
- 103
Authors
11- LRLaurence Roope
John Radcliffe Hospital, National Institute for Health and Care Research, University of Oxford
- RSRichard SmithCorresponding
University of Exeter
- KBKoen B. Pouwels
University Medical Center Groningen, University of Groningen, Public Health England
- JBJames Buchanan
National Institute for Health and Care Research, University of Oxford
- LALucy Abel
John Radcliffe Hospital, University of Oxford
Topics & keywords
- Harm
- Parallels
- Incentive
- Tragedy of the commons
- Commons
- Collective action
- Public economics
- Resistance (ecology)
- Climate action