Article
Nash SIR: An Economic-Epidemiological Model of Strategic Behavior During a Viral Epidemic
2020-07-02
Abstract excerpt
This paper develops a Nash-equilibrium extension of the classic SIR model of infectious-disease epidemiology ("Nash SIR"), endogenizing people's decisions whether to engage in economic activity during a viral epidemic and allowing for complementarity in social-economic activity. An equilibrium epidemic is one in which Nash equilibrium behavior during the epidemic generates the epidemic. There may be multiple equil...
Topics
Open a Topic to create a Post that cites this publication.
Identifiers and source
- Literature Corpus work
- cd07e7b7-b841-5fe3-abbf-099d01ad6e8a
- DOI
- 10.2139/ssrn.3593272