MIT Economist Recognized For Study of Policy Impact on Vaccine Use and Research
|Eugene Garfield, PhD; Amy Finkelstein, MPhil, PhD; Samuel Silverstein, MD|
Massachusetts Institute of Technology's Amy Finkelstein, MPhil, PhD, is the recipient of Research!America's 2006 Eugene Garfield Economic Impact of Medical and Health Research Award. An economics assistant professor, Finkelstein is being recognized for her paper, "Static and Dynamic Effects of Health Policy," which appeared in the May 2004 issue of the Quarterly Journal of Economics.
Finkelstein examined the effect of health policies designed to increase use of vaccines and computed the dollar values of the annual social health benefits from increased vaccination rates and the underlying vaccine research. She found these policies were associated with a 2.5-fold increase in clinical trials for new vaccines against the diseases affected by the policies.
"Fully 94% of Americans believe medical and health research is important to the U.S. economy, according to our public opinion polling," said The Honorable John Edward Porter, Research!America board chair. "We are honored to recognize Dr. Finkelstein, whose work underscores the importance of economic incentives and smart public policy in affecting the scale and scope of medical research."
Finkelstein said she was pleased to be recognized with this award, which is named for Eugene Garfield, PhD, the creator of the Science Citation Index-a tool used by scientists across many disciplines. Garfield, the award benefactor and a Research!America board member, is president and founding editor of The Scientist. He presented the award October 10 in Washington, DC."
To receive the award from Dr. Garfield, whose work has affected science at large, is a great honor," Finkelstein said. "I hope that my work on how economic incentives affect the development of medical innovations will contribute to the formation of sensible public policies in this area."