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

Language
Englisch

Bibliographic citation
Series: QMS Research Paper ; No. 2020/07

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

Event
Geistige Schöpfung
(who)
Guimaraes, Luis
Event
Veröffentlichung
(who)
Queen's University Belfast, Queen's Management School
(where)
Belfast
(when)
2020

DOI
doi:10.2139/ssrn.3640105
Handle
Last update
10.03.2025, 11:44 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

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

Time of origin

  • 2020

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