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We study the problem of a policymaker who aims at taming the spread of an epidemic while minimizing its associated … numerical experiments illustrating the structure of the optimal lockdown policy. In all our experiments the latter is … characterized by three distinct periods: the epidemic is first let freely evolve, then vigorously tamed, and finally a less …
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lockdown corrects this externality, allowing policymakers to buy time to expand the testing scale so as to preserve the testing …
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remove concurrent policy bias from the effect of each policy of interest, and we establish that policies curb the epidemic by …
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remove concurrent policy bias from the effect of each policy of interest, and we establish that policies curb the epidemic by …
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