| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP8925 |
| DP8925 The Optimal Control of Infectious Diseases via Prevention and Treatment | |
| Robert Rowthorn; Flavio Toxvaerd | |
| 发表日期 | 2012-04-01 |
| 出版年 | 2012 |
| 语种 | 英语 |
| 摘要 | This paper fully characterizes the optimal control of a recurrent infectious disease through the use of (non-vaccine) prevention and treatment. The dynamic system may admit multiple steady states and the optimal policy may be path dependent. We find that an optimal path cannot end at a point with maximal prevention; it is necessarily zero or at an intermediate level. In contrast, an optimal path must end at a point at which treatment is either maximal or minimal. We find that the comparative statics of the model may radically differ across steady states, which has important policy implications. Last, we consider the model with decentralized decision making and compare the equilibrium outcomes with the socially optimal outcomes. We find that steady state prevalence levels in decentralized equilibrium must be equal to or higher than the socially optimal levels. While steady state treatment levels under decentralization are typically socially optimal, steady state prevention (if used) is socially suboptimal. |
| 主题 | Industrial Organization |
| 关键词 | Economic epidemiology Hysteresis Non-convex systems Optimal and equilibrium policy mix Treatment and prevention |
| URL | https://cepr.org/publications/dp8925 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/537763 |
| 推荐引用方式 GB/T 7714 | Robert Rowthorn,Flavio Toxvaerd. DP8925 The Optimal Control of Infectious Diseases via Prevention and Treatment. 2012. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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