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In early 2020, COVID-19 infected people throughout the world and brought world commerce to a standstill. Many believe that governments and global businesses were not as prepared as they should have been. While academics have occasionally predicted the economic problems that could result from...
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during an epidemic? We study a setting where ICU resources are constrained while suppression is costly (e.g., limiting … suppression measures are continuously taken to hold down the spread throughout the epidemic, is suboptimal. Instead, the optimal … suppression is discountinuous. The epidemic should be left unregulated in a first phase and when the ICU constraint is approaching …
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We study the problem of a policymaker who aims at taming the spread of an epidemic while minimizing its associated … characterized by three distinct periods: the epidemic is first let freely evolve, then vigorously tamed, and finally a less …
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Many countries consider the lifting of restrictions of social contacts (RSC). We quantify the effects of RSC for Germany. We initially employ a purely statistical approach to predicting prevalence of COVID19 if RSC were upheld after April 20. We employ these findings and feed them into our...
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