Towards a Workable Behavioural Epidemiological Model of Pandemics

Joshua Gans discusses incorporating behavioural elements into epidemiological models of pandemics. While modelling behaviour by forward-looking rational agents can provide some insight into the time paths of pandemics, the non-stationary nature of Susceptible-Infected-Removed (SIR) models of viral spread makes characterisation of resulting equilibria difficult.

Image courtesy of Joshua Gans

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