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来源类型Working Paper
规范类型报告
DOI10.3386/w29463
来源IDWorking Paper 29463
A Simple Model of Social Distancing and Vaccination
Christopher Avery
发表日期2021-11-08
出版年2021
语种英语
摘要This paper analyzes a simple model of infectious disease where the incentives for individuals to reduce risks through endogenous social distancing take straightforward cost-benefit form. Since disease is transmitted through social interactions, the threat of spread of infection poses a collective action problem. Policy interventions such as lockdowns, testing, and mask-wearing serve, in part, as substitutes for social distancing. Provision of a vaccination is the only intervention that unambiguously reduces both the peak infection level and the herd immunity level of infection. Adoption of vaccination remains limited in a decentralized equilibrium, with resulting reproductive rate of disease Rt > 1 at the conclusion of vaccination. Vaccine mandates yield increases in vaccination rates and corresponding reductions in future infection rates but do not increase expected payoffs to individuals.
主题Microeconomics ; Health, Education, and Welfare ; Health ; COVID-19
URLhttps://www.nber.org/papers/w29463
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/587137
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Christopher Avery. A Simple Model of Social Distancing and Vaccination. 2021.
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