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We study targeted lockdowns in a multi-group SIR model where infection, hospitalization and fatality rates vary between groups—in particular between the “young”, “the middle-aged” and the “old”. Our model enables a tractable quantitative analysis of optimal policy. For baseline...
Persistent link: https://www.econbiz.de/10012835103
We study targeted lockdowns in a multi-group SIR model where infection, hospitalization and fatality rates vary between groups--in particular between the "young", "the middle-aged" and the "old". Our model enables a tractable quantitative analysis of optimal policy. For baseline parameter values...
Persistent link: https://www.econbiz.de/10012481686
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We develop a multi-risk SIR model (MR-SIR) where infection, hospitalization and fatality rates vary between groups-in particular between the "young", "the middleaged" and the "old". Our MR-SIR model enables a tractable quantitative analysis of optimal policy similar to those already developed in...
Persistent link: https://www.econbiz.de/10012217023
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define asymptotic learning as the fraction of agents taking the correct action converging to one in probability as a society … grows large. Under truthful communication, we show that asymptotic learning occurs if (and under some additional conditions … receive and distribute a large amount of information. Asymptotic learning therefore requires information to be aggregated in …
Persistent link: https://www.econbiz.de/10008760649