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The Economic Approach to Modeling Self-protective Behavior in Epidemiology

Frederick Chen ()
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Frederick Chen: Wake Forest University

A chapter in Modeling the Interplay Between Human Behavior and the Spread of Infectious Diseases, 2013, pp 171-183 from Springer

Abstract: Abstract The economic approach to studying the transmission of infectious diseases provides an analytical framework for making predictions about how people will respond to an epidemic. Furthermore, this framework can be used for normative analysis to determine how various policies and control strategies can affect the well-being of the population under consideration. By examining explicitly people’s incentives to alter their behavior in response to an infectious disease, the economic approach often yields counterintuitive results with significant policy implications.

Keywords: Vaccine Efficacy; Transmission Probability; Endemic Equilibrium; Steady State Equilibrium; Rational Expectation Equilibrium (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-1-4614-5474-8_11

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DOI: 10.1007/978-1-4614-5474-8_11

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