Article: Optimal lockdowns.
2022 Volume 193, Issue 3-4, Page(s) 263–274
Abstract: This paper provides a framework for understanding optimal lockdowns and makes three contributions. First, it theoretically analyzes lockdown policies and argues that policy makers systematically enact too strict lockdowns because their incentives are ... ...
Abstract | This paper provides a framework for understanding optimal lockdowns and makes three contributions. First, it theoretically analyzes lockdown policies and argues that policy makers systematically enact too strict lockdowns because their incentives are misaligned with achieving desired ends and they cannot adapt to changing circumstances. Second, it provides a benchmark to determine how strongly policy makers in different locations should respond to COVID-19. Finally, it provides a framework for understanding how, when, and why lockdown policy is expected to change. |
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Language | English |
Publishing date | 2022-09-07 |
Publishing country | Netherlands |
Document type | Journal Article |
ZDB-ID | 1475723-0 |
ISSN | 1573-7101 ; 0048-5829 ; 1941-9716 |
ISSN (online) | 1573-7101 |
ISSN | 0048-5829 ; 1941-9716 |
DOI | 10.1007/s11127-022-00992-4 |
Database | MEDical Literature Analysis and Retrieval System OnLINE |
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