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

Giorgos Baskozos, Giorgos Galanis and Corrado Di Guilmi
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Giorgos Baskozos: University of Oxford
Giorgos Galanis: Goldsmiths, University of London, Centre for Applied Macroeconomic Analysis, Australian National University and CRETA, University of Warwick

CRETA Online Discussion Paper Series from Centre for Research in Economic Theory and its Applications CRETA

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.

Date: 2020
New Economics Papers: this item is included in nep-dcm, nep-gen and nep-hea
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Citations: View citations in EconPapers (2)

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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:wrk:wcreta:57

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