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Welcome to the era of vaccine diplomacy

The best regulatory decision for any single nation will depend on what other nations do.

A booth displaying a coronavirus vaccine candidate from CNBG, a unit of state-owned pharmaceutical giant Sinopharm, is seen at the 2020 China International Fair for Trade in Services in Beijing on Sept 4.

WHEN it comes to vaccines, the best decision for any single nation will depend on the decisions and actions of other nations. So vaccine policies cannot, and should not, be made in isolation - which means, as the Internet likes to say, that it's time for some game theory.

Consider the...

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