• Medientyp: E-Artikel
  • Titel: The economic consequences of R = 1 : towards a workable behavioural epidemiological model of pandemics
  • Beteiligte: Gans, Joshua [VerfasserIn]
  • Erschienen: 2022
  • Erschienen in: Review of Economic Analysis ; 14(2022), 1, Seite 3-25
  • Sprache: Englisch
  • DOI: 10.15353/rea.v14i1.4786
  • ISSN: 1973-3909
  • Identifikator:
  • Schlagwörter: epidemiology ; basic reproduction number ; SIR model ; rational behaviour ; pandemic policy ; Pandemic ; SIR ; Behavioural Models of Pandemics ; Aufsatz in Zeitschrift ; Kongressbeitrag
  • Entstehung:
  • Anmerkungen:
  • Beschreibung: This paper reviews the literature on incorporating behavioural elements into epidemiological models of pandemics. While modelling behaviour by forward-looking rational agents can provide some insight into the time paths of pandemics, the non-stationary nature of Susceptible-Infected-Removed (SIR) models of viral spread makes characterisation of resulting equilibria difficult. Here I posit a shortcut that can be deployed to allow for a tractable equilibrium model of pandemics with intuitive comparative statics and also a clear prediction that effective reproduction numbers (that is, R) will tend towards 1 in equilibrium. This motivates taking R = 1 as an equilibrium starting point for analyses of pandemics with behavioural agents. The implications of this for the analysis of widespread testing, tracing, isolation and mask-use is discussed.
  • Zugangsstatus: Freier Zugang
  • Rechte-/Nutzungshinweise: Namensnennung - Keine Bearbeitung (CC BY-ND)