When to lock, not whom: Managing epidemics using time-based restrictions

Yinon Bar-On, Tatiana Baron, Ofer Cornfeld,Eran Yashiv

REVIEW OF ECONOMIC DYNAMICS(2023)

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摘要
We present novel policy tools to manage epidemics. Rather than using prevalent population restrictions, these policy strategies are based on cyclical time restrictions. Key findings on the outcomes of such policy strategies include: a significant improvement of social welfare, substantially lessening the trade-offs between economic activity and health outcomes; optimally-derived timings of interventions are shown to suppress the disease, while maintaining reasonable economic activity; and outcomes are superior to the actual experience of New York State and Florida over the course of 2020.(c) 2023 Elsevier Inc. All rights reserved.
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关键词
Epidemic/pandemic management,Cyclical strategies,Social planner,Endogenous individual response,Lockdown,Policy frontier
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