How to Shape a Market
Episode description
Today's interviewee, Professor Chris Snyder, is a Non-Resident Senior Fellow at the Institute for Progress (IFP). He teaches economics at Dartmouth College, where he specializes in industrial organization and microeconomic theory. He is also a research associate at the NBER, treasurer of the Industrial Organization Society, and a faculty director for the University of Chicago's Market Shaping Accelerator.
Chris played a pivotal role in the advance market commitment, or “AMC,” for the pneumococcal vaccine, which saved close to a million lives.
What you’ll learn:
How did the U.S. and Russia end up in the same funding coalition? Why didn’t we design an AMC for malaria? How do you place a market value on future innovations? Why would cancer and Alzheimer’s be poor candidates for an AMC?
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