Social distancing and contagion in a discrete choice model of COVID-19

Giorgos Baskozos, Giorgos Galanis and Corrado Di Guilmi

CAMA Working Papers from Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University

Abstract: We present an epidemic model in which heterogenous agents choose whether to enact social distancing practices. The policy maker decides on the timing and the extent of policies that incentivise social distancing. We evaluate the consequences of interventions and find that: (i) the timing of intervention is paramount in slowing the contagion, and (ii) a delay cannot be compensated by stronger measures.

Pages: 13 pages
Date: 2020-04
New Economics Papers: this item is included in nep-dcm and nep-hea
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Citations: View citations in EconPapers (5)

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Working Paper: Social distancing and contagion in a discrete choice model of COVID-19 (2020)
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Persistent link: https://EconPapers.repec.org/RePEc:een:camaaa:2020-35

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