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Taming the spread of an epidemic by lockdown policies

We study the problem of a policymaker who aims at taming the spread of an epidemic while minimizing its associated social costs. The main feature of our model lies in the fact that the disease’s transmission rate is a diffusive stochastic process whose trend can be adjusted via costly confinement po...

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Detalhes bibliográficos
Publicado no:J Math Econ
Main Authors: Federico, Salvatore, Ferrari, Giorgio
Formato: Artigo
Idioma:Inglês
Publicado em: Elsevier B.V. 2021
Assuntos:
Acesso em linha:https://ncbi.nlm.nih.gov/pmc/articles/PMC7728404/
https://ncbi.nlm.nih.gov/pubmed/33324027
https://ncbi.nlm.nih.govhttp://dx.doi.org/10.1016/j.jmateco.2020.102453
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