Arbeitspapier

Antibody Tests: They are More Important than We Thought

Antibody testing is a non-pharmaceutical intervention - not recognised so far in the literature - to prevent COVID-19 contagion. I show this in a simple economic model of an epidemic in which agents choose social activity under health state uncertainty. In the model, susceptible agents are more socially active when they think they might be immune. And this increased activity escalates infections, deaths, and welfare losses. Antibody testing, however, prevents this escalation by revealing that susceptible agents are not immune. Through this mechanism, in exercises calibrated to the UK, I find that antibody testing can save about 8% of COVID-19 related deaths within 12 months

Sprache
Englisch

Erschienen in
Series: QMS Research Paper ; No. 2020/07

Klassifikation
Wirtschaft
Externalities
General Aggregative Models: Forecasting and Simulation: Models and Applications
Health Behavior
Health: Government Policy; Regulation; Public Health

Ereignis
Geistige Schöpfung
(wer)
Guimaraes, Luis
Ereignis
Veröffentlichung
(wer)
Queen's University Belfast, Queen's Management School
(wo)
Belfast
(wann)
2020

DOI
doi:10.2139/ssrn.3640105
Handle
Letzte Aktualisierung
10.03.2025, 11:44 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Guimaraes, Luis
  • Queen's University Belfast, Queen's Management School

Entstanden

  • 2020

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