Disinhibition and Immiserization in a Model of Susceptible-Infected-Susceptible ( SIS ) Diseases
@inproceedings{Gersovitz2011DisinhibitionAI, title={Disinhibition and Immiserization in a Model of Susceptible-Infected-Susceptible ( SIS ) Diseases}, author={Mark Gersovitz}, year={2011} }
Infectious diseases induce externalities in private choices about prevention and therapy. An improvement in either the technology of prevention or therapy may lead private agents to decrease their preventive or therapeutic efforts, a phenomenon termed disinhibition by epidemiologists. If governments cannot or do not adopt interventions to internalize these externalities, a technological improvement may even lead to disinhibition so extreme that the infection rate rises. In turn, a rise in the…
Figures from this paper
4 Citations
Rational Disinhibition and Externalities in Prevention
- EconomicsInternational Economic Review
- 2019
This article studies a model of disease propagation in which rational and forward‐looking individuals can control their exposure to infection by engaging in costly preventive behavior.…
Equilibrium Social Distancing
- Economics
- 2020
This paper presents an economic model of an epidemic in which susceptible individuals may engage in costly social distancing in order to avoid becoming infected. Infected individuals eventually…
The Optimal Control of Infectious Diseases Via Prevention and Treatment
- Economics
- 2012
This paper fully characterizes the optimal control of a recurrent infectious disease through the use of (non-vaccine) prevention and treatment. The dynamic system may admit multiple steady states and…
A cost–benefit analysis of the COVID-19 disease
- EconomicsOxford Review of Economic Policy
- 2020
Abstract The British government has been debating how to escape from the lockdown without provoking a resurgence of the COVID-19 disease. There is a growing recognition of the damage the lockdown has…
References
SHOWING 1-9 OF 9 REFERENCES
The Economical Control of Infectious Diseases
- Economics, Medicine
- 2000
The structure of representative agents and decentralisation of the social planner's problem provide a framework for the economics of infection and associated externalities. Optimal implementation of…
Infectious Diseases, Public Policy, and the Marriage of Economics and Epidemiology
- Medicine
- 2003
The combination of individual rationality with epidemiological models of infection dynamics predicts whether individual choices about infectious disease prevention and therapies produce the best possible social outcomes.
HIV Breakthroughs and Risk Sexual Behavior
- Economics
- 2004
It is found that treatment results in more sexual risk-taking by HIV+ adults, and possibly more of other risky behaviors like drug abuse, which implies that breakthroughs in treating an incurable disease like HIV can increase precautionary behavior by the uninfected and thus reduce welfare.
Allocating health expenditures to treatment and prevention.
- Economics, MedicineJournal of health economics
- 1982
Births, Recoveries, Vaccinations and Externalities,
- Essays in Honor of Joseph E. Stiglitz eds., R. J. Arnott, et al. (Cambridge: MIT,
- 2003
Infection Control and Uniqeness in a Model of Susceptible-Infected-Susceptible (SIS) Diseases,
- 2012
Infection Control and Uniqeness in a Model of Susceptible-Infected-Susceptible (SIS) Diseases," mimeo
- 2012
Foundations of Dynamic Economic Analysis (Cambridge
- 2005