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- Title
Analysis of optimal lockdown in integral economic–epidemic model.
- Authors
Hritonenko, Natali; Yatsenko, Yuri
- Abstract
We analyze the optimal lockdown in an economic–epidemic model with realistic infectiveness distribution. The model is described by Volterra integral equations and accurately depicts the COVID-19 infectivity pattern from clinical data. A maximum principle is derived, and a qualitative dynamic analysis of the optimal lockdown problem is provided over finite and infinite horizons. We analytically prove and economically justify the possibility of an endemic scenario when the infection rate begins to climb after the lockdown ends.
- Subjects
VOLTERRA equations; STAY-at-home orders
- Publication
Economic Theory, 2024, Vol 77, Issue 1/2, p235
- ISSN
0938-2259
- Publication type
Article
- DOI
10.1007/s00199-022-01469-7