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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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| Udgivet i: | J Math Econ |
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| Main Authors: | , |
| Format: | Artigo |
| Sprog: | Inglês |
| Udgivet: |
Elsevier B.V.
2021
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| Fag: | |
| Online adgang: | 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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