Social Distancing and Contagion in a Discrete Choice Model of COVID-19

13 Pages Posted: 22 Apr 2020

See all articles by Giorgos Baskozos

Giorgos Baskozos

University of Oxford, UK

Giorgos Galanis

Independent

Corrado Di Guilmi

University of Technology Sydney (UTS) - UTS Business School

Date Written: April 20, 2020

Abstract

We present an epidemic model in which heterogenous agents choose whether to enact social distancing practices. The policy maker decides on the timing and the extent of policies that incentivise social distancing. We evaluate the consequences of interventions and find that: (i) the timing of intervention is paramount in slowing the contagion, and (ii) a delay cannot be compensated by stronger measures.

Suggested Citation

Baskozos, Giorgos and Galanis, Giorgos and Di Guilmi, Corrado, Social Distancing and Contagion in a Discrete Choice Model of COVID-19 (April 20, 2020). CAMA Working Paper No. 35/2020, Available at SSRN: https://ssrn.com/abstract=3580645 or http://dx.doi.org/10.2139/ssrn.3580645

Giorgos Baskozos

University of Oxford, UK ( email )

Mansfield Road
Oxford, Oxfordshire OX1 4AU
United Kingdom

Giorgos Galanis

Independent ( email )

Corrado Di Guilmi (Contact Author)

University of Technology Sydney (UTS) - UTS Business School ( email )

Sydney
Australia

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