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来源类型Working Paper
规范类型报告
DOI10.3386/w27941
来源IDWorking Paper 27941
A Theory of Voluntary Testing and Self-isolation in an Ongoing Pandemic
Thomas F. Hellmann; Veikko Thiele
发表日期2020-10-12
出版年2020
语种英语
摘要Thinking beyond Covid-19, there is a growing interest in what economic structures will be needed to face ongoing pandemics. In this paper we focus on the diagnostic problem and examine a new paradigm of voluntary self-testing by private individuals. People without symptoms face daily choices of either taking the risk of going out (to work and socialize), versus staying at home in self-isolation. Our theory shows that two types of people voluntary test themselves: those who otherwise would have self-isolated, and those who would have gone out indiscriminately. Our central insight is that the equilibrium infection risk falls when home-based testing becomes cheaper and easier to use, even if tests are not always accurate. Our results challenge the clinical mainstream view that diagnostic testing is a prerogative of the medical profession, and supports the notion that frequent self-testing is vital for an economy facing an ongoing pandemic.
主题Microeconomics ; Economics of Information ; Health, Education, and Welfare ; Health ; COVID-19
URLhttps://www.nber.org/papers/w27941
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/585615
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Thomas F. Hellmann,Veikko Thiele. A Theory of Voluntary Testing and Self-isolation in an Ongoing Pandemic. 2020.
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