Article

Equilibrium Social Activity during an Epidemic

2021-07-27

Abstract excerpt

During an infectious-disease epidemic, people make choices that impact transmission, trading off the risk of infection with the social-economic benefits of activity. We investigate how the qualitative features of an epidemic's Nash-equilibrium trajectory depend on the nature of the economic benefits that people get from activity. If economic benefits do not depend on how many others are active, as usually modeled,...

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Literature Corpus work: 04bca76b-c2c9-593d-a96e-5c4c4cc3b0cf
DOI: 10.2139/ssrn.3878073

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