Ontology highlight
ABSTRACT:
SUBMITTER: Quaas MF
PROVIDER: S-EPMC7978372 | biostudies-literature | 2021
REPOSITORIES: biostudies-literature
Quaas Martin F MF Meya Jasper N JN Schenk Hanna H Bos Björn B Drupp Moritz A MA Requate Till T
PloS one 20210319 3
Building on the epidemiological SIR model, we present an economic model with heterogeneous individuals deriving utility from social contacts creating infection risks. Focusing on social distancing of individuals susceptible to an infection we theoretically characterize the gap between private and social cost of contacts. Our main contribution is to quantify this gap by calibrating the model with unique survey data from Germany on social distancing and impure altruism from the beginning of the CO ...[more]