EconPapers    
Economics at your fingertips  
 

Uncertainty analysis of contagion processes based on a functional approach

Zonghui Yao (), Dunia López-Pintado () and Sara López-Pintado ()
Additional contact information
Zonghui Yao: Northeastern University
Dunia López-Pintado: Universidad Pablo de Olavide
Sara López-Pintado: Northeastern University

No 22.12, Working Papers from Universidad Pablo de Olavide, Department of Economics

Abstract: The spread of a disease (idea or product) in a population is often hard to predict. In reality, we tend to observe only few specific realizations of the contagion process (e.g., the recent COVID-19 pandemic), therefore limited information can be obtained for predicting future similar events. In this work, we use large-scale simulations to study under different exogenous network properties the complete time course of the contagion process focusing on its unpredictability (or uncertainty). We exploit the functional nature of the data, i.e., the number of infected agents as a function of time, and propose a novel non-parametric measure of variance for functional data based on a weighted version of the depth-based central region area. This methodol-ogy is applied to the susceptible-infected-susceptible epidemiological model and the small-world networks. We find that the degree of uncer-tainty of a contagion process is a non-monotonic (increas-ing/decreasing) function of the contagion rate (the ratio between in-fectious and recovery probabilities). In particular, maximum uncertain-ty is attained at the “stable contagion threshold”, which represents the parameter conditions for which the endemic/steady state is reaching a plateau as a function of the contagion rate. The effect of the density of the net-work and the contagion rate are significant and quite similar, whereas the structure of the network, i.e., its amount of cluster-ing/randomness, has a mild effect on the contagion process.

Keywords: contagion; uncertainty; functional data. (search for similar items in EconPapers)
JEL-codes: C02 D80 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2022
New Economics Papers: this item is included in nep-cmp and nep-net
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.upo.es/serv/bib/wps/econ2212.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pab:wpaper:22.12

Access Statistics for this paper

More papers in Working Papers from Universidad Pablo de Olavide, Department of Economics Carretera de Utrera km.1, 41013 Sevilla. Contact information at EDIRC.
Bibliographic data for series maintained by Publicación Digital - UPO ().

 
Page updated 2025-03-19
Handle: RePEc:pab:wpaper:22.12