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Socially optimal lockdown and travel restrictions for fighting communicable virus including COVID-19

This paper examines the socially optimal lockdown and travel (social activity) restriction policies for communicable virus including COVID-19. In our simple model, we exploit the remarkable similarity in the structure of external costs causing market failure between the socially optimal choices of t...

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Detalles Bibliográficos
Autores principales: Oum, Tae Hoon, Wang, Kun
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier Ltd. 2020
Materias:
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7346821/
https://www.ncbi.nlm.nih.gov/pubmed/32834681
http://dx.doi.org/10.1016/j.tranpol.2020.07.003