G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14716
DP14716 Social Interactions in Pandemics: Fear, Altruism, and Reciprocity
Laura Alfaro; Ester Faia; Nora Lamersdorf; Farzad Saidi
发表日期2020-05-06
出版年2020
语种英语
摘要Social interactions and social preferences play a central role in public health domains. In the face of a pandemic, individuals adjust their behavior, whereas in SIR models infection rates are typically exogenous. City-level data across countries suggest that mobility falls in response to fear, proxied by Google searches. Incorporating experimentally validated measures of social preferences at the regional level, we find that stringency measures matter less when individuals are more patient, altruistic, or exhibit less negative reciprocity. To account for these findings, we extend homogeneous and networked SIR models by endogenizing agents' social-activity intensity and incorporating social preferences. Our quantitative predictions markedly differ from those of the naïve SIR-network model. We derive the planner's problem, and show that neglecting agents' endogenous response leads to misguided policy decisions of various non-pharmaceutical interventions. Any further mobility restrictions, beyond agents' restraint, result from aggregate externalities which are curtailed by social preferences.
主题Financial Economics ; International Macroeconomics and Finance ; International Trade and Regional Economics ; Macroeconomics and Growth ; Monetary Economics and Fluctuations
关键词Social interactions Pandemics Mobility Cities Sir networks Social preferences Social planner Targeted policies
URLhttps://cepr.org/publications/dp14716-3
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/543635
推荐引用方式
GB/T 7714
Laura Alfaro,Ester Faia,Nora Lamersdorf,et al. DP14716 Social Interactions in Pandemics: Fear, Altruism, and Reciprocity. 2020.
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