How to manage the post pandemic opening? A Pontryagin Maximum Principle approach

R. Mansilla

Papers from arXiv.org

Abstract: The COVID-19 pandemic has completely disrupted the operation of our societies. Its elusive transmission process, characterized by an unusually long incubation period, as well as a high contagion capacity, has forced many countries to take quarantine and social isolation measures that conspire against the performance of national economies. This situation confronts decision makers in different countries with the alternative of reopening the economies, thus facing the unpredictable cost of a rebound of the infection. This work tries to offer an initial theoretical framework to handle this alternative.

Date: 2020-05, Revised 2020-06
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Published in Applied Economics and Finance, vol. 7(4), pp. 121-125, 2020

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Persistent link: https://EconPapers.repec.org/RePEc:arx:papers:2005.02283

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