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We address the problem of finding the optimal lockdown and reopening policy during a pandemic like COVID-19 for a social planner who prioritizes health over the economy. Agents are connected through a fuzzy network of contacts, and the planner's objective is to determine the policy that contains...
Persistent link: https://www.econbiz.de/10012285493
How do pandemics affect for-profit and not-for-profit organizations differently? To address this question, we analyze optimal lockdowns in a two-sector continuous-time individual-based mean-field epidemiological model. We uncover a unique solution that depends on network structure, lockdown...
Persistent link: https://www.econbiz.de/10013277609
This study develops an economic model for a social planner who prioritizes health over short- term wealth accumulation during a pandemic. Agents are connected through a weighted undirected network of contacts, and the planner's objective is to determine the policy that contains the spread of...
Persistent link: https://www.econbiz.de/10012649285
We address the problem of finding the optimal lockdown and reopening policy during a pandemic like COVID-19 for a social planner who prioritizes health over the economy. Agents are connected through a fuzzy network of contacts, and the planner's objective is to determine the policy that contains...
Persistent link: https://www.econbiz.de/10012286197
Persistent link: https://www.econbiz.de/10012405288
This study develops an economic model for a social planner who prioritizes health over short- term wealth accumulation during a pandemic. Agents are connected through a weighted undirected network of contacts, and the planner's objective is to determine the policy that contains the spread of...
Persistent link: https://www.econbiz.de/10012650156
Persistent link: https://www.econbiz.de/10012672162
How do pandemics affect for-profit and not-for-profit organizations differently? To address this question, we analyze optimal lockdowns in a two-sector continuous-time individual-based mean-field epidemiological model. We uncover a unique solution that depends on network structure, lockdown...
Persistent link: https://www.econbiz.de/10014081148
We develop a model of optimal lockdown policy for a social planner who balances population health with short-term wealth accumulation. The unique solution depends on tolerable infection incidence and social network structure. We then use unique data on nursing home networks in the United States...
Persistent link: https://www.econbiz.de/10013323958
Persistent link: https://www.econbiz.de/10013426261