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

Vol: 
35/2020
Author name: 
Baskozos G
Galanis G
Di Guilmi C
Year: 
2020
Month: 
April
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.

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