Lockdowns as options
نویسندگان
چکیده
The irreversibility of dying coupled with gradual information acquisition over time on the likely arrival and eventual effectiveness vaccines confers a real option value to lockdown strategies that delay incidence pandemics given stochastic vaccine arrival/effectiveness process.
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ژورنال
عنوان ژورنال: Economics Letters
سال: 2022
ISSN: ['1873-7374', '0165-1765']
DOI: https://doi.org/10.1016/j.econlet.2022.110420