Author: Dasaratha, Krishna
                    Title: Virus Dynamics with Behavioral Responses  Cord-id: k9wtsr6x  Document date: 2020_4_30
                    ID: k9wtsr6x
                    
                    Snippet: Motivated by epidemics such as COVID-19, we study the spread of a contagious disease when people change their behavior to respond to the disease prevalence. We extend the SIR epidemiological model to include endogenous meeting rates. Individuals benefit from economic activity, but higher activity also leads to more interactions with potentially infected individuals. The main focus is a theoretical analysis of the contagion dynamics with a population of optimizing agents reacting myopically to th
                    
                    
                    
                     
                    
                    
                    
                    
                        
                            
                                Document: Motivated by epidemics such as COVID-19, we study the spread of a contagious disease when people change their behavior to respond to the disease prevalence. We extend the SIR epidemiological model to include endogenous meeting rates. Individuals benefit from economic activity, but higher activity also leads to more interactions with potentially infected individuals. The main focus is a theoretical analysis of the contagion dynamics with a population of optimizing agents reacting myopically to the current disease prevalence. In the leading case, the infection prevalence is single-peaked. We obtain a simple condition for when several types of public-health interventions or changes in disease prevalence will paradoxically increase infection rates due to risk compensation. This condition implies that behavioral responses are most likely to undermine public-health interventions near the peak of severe diseases. We also derive an explicit formula for the behavior of a heterogeneous population. A key difference from the homogeneous case is that high-risk individuals may choose to temporarily stop all activity when they are likely to encounter infected low-risk individuals.
 
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