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Coronavirus markets in everything

Summary:
Government officials across Hubei province, the epicenter of the coronavirus outbreak, are desperate to find ways to stop the spread of the infection. In Hubei’s Fangxian County, officials are trying a different approach — paying sick people. According to an official Fangxian County notice, anyone who is sick and reports themselves to a hospital can expect to be paid. Patients who have a fever and turn themselves in will receive 1,000 yuan (2). But officials and other interested parties are also being offered cash incentives if they catch anyone with a fever. For each person with a fever who is reported by an official or citizen, there is a reward of 500 yuan (). The notice said that the offer is only valid from today until February 18. Here is the link (nothing extra there, except

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Government officials across Hubei province, the epicenter of the coronavirus outbreak, are desperate to find ways to stop the spread of the infection.

In Hubei’s Fangxian County, officials are trying a different approach — paying sick people.

According to an official Fangxian County notice, anyone who is sick and reports themselves to a hospital can expect to be paid.

Patients who have a fever and turn themselves in will receive 1,000 yuan ($142).

But officials and other interested parties are also being offered cash incentives if they catch anyone with a fever. For each person with a fever who is reported by an official or citizen, there is a reward of 500 yuan ($71).

The notice said that the offer is only valid from today until February 18.

Here is the link (nothing extra there, except a noisy video and you have to scroll down a lot).  Via Neville.

The post Coronavirus markets in everything appeared first on Marginal REVOLUTION.

Tyler Cowen
Tyler Cowen is an American economist, academic, and writer. He occupies the Holbert C. Harris Chair of economics as a professor at George Mason University and is co-author, with Alex Tabarrok, of the popular economics blog Marginal Revolution. Cowen and Tabarrok have also ventured into online education by starting Marginal Revolution University. He currently writes the "Economic Scene" column for the New York Times, and he also writes for such publications as The New Republic, the Wall Street Journal, Forbes, Newsweek, and the Wilson Quarterly.

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