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An axiomatic approach towards pandemic performance indicators.


ABSTRACT: During a pandemic, each country (or region) is characterized by a status matrix indicating its positive cases, hospitalizations and deaths. A pandemic performance indicator is a real-valued mapping from the set of status matrices to the set of non-negative real numbers, whereby lower values stand for better performance. We show that four axioms together characterize a family of indicators arising from a weighted average of the incidence rate, morbidity rate and mortality rate. We use these indicators to evaluate the impact of COVID-19 in major countries worldwide.

SUBMITTER: Martinez R 

PROVIDER: S-EPMC9356370 | biostudies-literature | 2022 Nov

REPOSITORIES: biostudies-literature

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An axiomatic approach towards pandemic performance indicators.

Martínez Ricardo R   Moreno-Ternero Juan D JD  

Economic modelling 20220806


During a pandemic, each country (or region) is characterized by a status matrix indicating its positive cases, hospitalizations and deaths. A pandemic performance indicator is a real-valued mapping from the set of status matrices to the set of non-negative real numbers, whereby lower values stand for better performance. We show that four axioms together characterize a family of indicators arising from a weighted average of the incidence rate, morbidity rate and mortality rate. We use these indic  ...[more]

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