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Cooperation dynamics under pandemic risks and heterogeneous economic interdependence
The spread of COVID-19 and ensuing containment measures have accentuated the profound interdependence among nations or regions. This has been particularly evident in tourism, one of the sectors most affected by uncoordinated mobility restrictions. The impact of this interdependence on the tendency t...
Autores principales: | , , |
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Formato: | Online Artículo Texto |
Lenguaje: | English |
Publicado: |
The Author(s). Published by Elsevier Ltd.
2022
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Materias: | |
Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8683094/ https://www.ncbi.nlm.nih.gov/pubmed/34955615 http://dx.doi.org/10.1016/j.chaos.2021.111655 |
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author | Chica, Manuel Hernández, Juan M. Santos, Francisco C. |
author_facet | Chica, Manuel Hernández, Juan M. Santos, Francisco C. |
author_sort | Chica, Manuel |
collection | PubMed |
description | The spread of COVID-19 and ensuing containment measures have accentuated the profound interdependence among nations or regions. This has been particularly evident in tourism, one of the sectors most affected by uncoordinated mobility restrictions. The impact of this interdependence on the tendency to adopt less or more restrictive measures is hard to evaluate, more so if diversity in economic exposures to citizens’ mobility are considered. Here, we address this problem by developing an analytical and computational game-theoretical model encompassing the conflicts arising from the need to control the economic effects of global risks, such as in the COVID-19 pandemic. The model includes the individual costs derived from severe restrictions imposed by governments, including the resulting economic interdependence among all the parties involved in the game. By using tourism-based data, the model is enriched with actual heterogeneous income losses, such that every player has a different economic cost when applying restrictions. We show that economic interdependence enhances cooperation because of the decline in the expected payoffs by free-riding parties (i.e., those neglecting the application of mobility restrictions). Furthermore, we show (analytically and through numerical simulations) that these cross-exposures can transform the nature of the cooperation dilemma each region or country faces, modifying the position of the fixed points and the size of the basins of attraction that characterize this class of games. Finally, our results suggest that heterogeneity among regions may be used to leverage the impact of intervention policies by ensuring an agreement among the most relevant initial set of cooperators. |
format | Online Article Text |
id | pubmed-8683094 |
institution | National Center for Biotechnology Information |
language | English |
publishDate | 2022 |
publisher | The Author(s). Published by Elsevier Ltd. |
record_format | MEDLINE/PubMed |
spelling | pubmed-86830942021-12-20 Cooperation dynamics under pandemic risks and heterogeneous economic interdependence Chica, Manuel Hernández, Juan M. Santos, Francisco C. Chaos Solitons Fractals Frontiers The spread of COVID-19 and ensuing containment measures have accentuated the profound interdependence among nations or regions. This has been particularly evident in tourism, one of the sectors most affected by uncoordinated mobility restrictions. The impact of this interdependence on the tendency to adopt less or more restrictive measures is hard to evaluate, more so if diversity in economic exposures to citizens’ mobility are considered. Here, we address this problem by developing an analytical and computational game-theoretical model encompassing the conflicts arising from the need to control the economic effects of global risks, such as in the COVID-19 pandemic. The model includes the individual costs derived from severe restrictions imposed by governments, including the resulting economic interdependence among all the parties involved in the game. By using tourism-based data, the model is enriched with actual heterogeneous income losses, such that every player has a different economic cost when applying restrictions. We show that economic interdependence enhances cooperation because of the decline in the expected payoffs by free-riding parties (i.e., those neglecting the application of mobility restrictions). Furthermore, we show (analytically and through numerical simulations) that these cross-exposures can transform the nature of the cooperation dilemma each region or country faces, modifying the position of the fixed points and the size of the basins of attraction that characterize this class of games. Finally, our results suggest that heterogeneity among regions may be used to leverage the impact of intervention policies by ensuring an agreement among the most relevant initial set of cooperators. The Author(s). Published by Elsevier Ltd. 2022-02 2021-12-17 /pmc/articles/PMC8683094/ /pubmed/34955615 http://dx.doi.org/10.1016/j.chaos.2021.111655 Text en © 2021 The Author(s) Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active. |
spellingShingle | Frontiers Chica, Manuel Hernández, Juan M. Santos, Francisco C. Cooperation dynamics under pandemic risks and heterogeneous economic interdependence |
title | Cooperation dynamics under pandemic risks and heterogeneous economic interdependence |
title_full | Cooperation dynamics under pandemic risks and heterogeneous economic interdependence |
title_fullStr | Cooperation dynamics under pandemic risks and heterogeneous economic interdependence |
title_full_unstemmed | Cooperation dynamics under pandemic risks and heterogeneous economic interdependence |
title_short | Cooperation dynamics under pandemic risks and heterogeneous economic interdependence |
title_sort | cooperation dynamics under pandemic risks and heterogeneous economic interdependence |
topic | Frontiers |
url | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8683094/ https://www.ncbi.nlm.nih.gov/pubmed/34955615 http://dx.doi.org/10.1016/j.chaos.2021.111655 |
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