Potential Consequence of Interconnected Intervention against Systemic Risk (COVID-19) via a Model-Driven Network-Agent Dynamic

Chulwook Park and Francesco Lo Iudice

Complexity, 2022, vol. 2022, 1-18

Abstract: This study estimates the consequences of risk propagation, such as that of COVID-19, using network-agent dynamics. Given several scenarios, the network-agent model provides critical insights into infection risk using a model-driven approach to interconnected interventions. The simulation results suggest that employing a nonevolutionary governing structure with evolutionary individual interaction parameters guided by testing can help suppress outbreaks to levels below the standard critical-care capacity. Furthermore, setting the protection level as the macroscale and the shrinking of individual interactions as the microscale, the effects of social distancing on transmission rates are reflected in the disease model. In addition, the parameters that reflect the best feasible scenarios can be determined. These findings are relevant to COVID-19 pandemic policies wherein interconnected interventions reduce the socioeconomic costs of risk propagation.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:hin:complx:7382033

DOI: 10.1155/2022/7382033

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