Arbeitspapier

Choices, Beliefs, and Infectious Disease Dynamics

This paper develops a dynamic model of behavioural response to the risk of infectious disease. People respond to increased risk of infection by either making marginal adjustments in risky behaviour or by moving to a corner solution where perceived risk is zero. Individuals most prone to high-risk activity will tend to reduce activity less than low-risk people; very high risk people may exhibit "fatalism" and increase risky behaviour as the risk of becoming infected rises. Beliefs about the future course of the epidemic affect current behaviour even when utility is additively separable: pessimistic beliefs induce more risky behaviour. Simulations contrast the disease dynamics generated under these behaviours with those of standard epidemiological models and examine policy issues.

Language
Englisch

Bibliographic citation
Series: Queen's Economics Department Working Paper ; No. 938

Classification
Wirtschaft
Subject
epidemiology
AIDS
uncertainty

Event
Geistige Schöpfung
(who)
Auld, M. Christopher
Event
Veröffentlichung
(who)
Queen's University, Department of Economics
(where)
Kingston (Ontario)
(when)
1996

Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Auld, M. Christopher
  • Queen's University, Department of Economics

Time of origin

  • 1996

Other Objects (12)