000 01218nam a22001457a 4500
999 _c526021
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008 240503b ||||| |||| 00| 0 eng d
100 _aAvery, C., Chen, F. and McAdms, D.
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245 _aSteady-state social distancing and vaccination
260 _aThe American Economic Review: Insights
300 _a6(1), Mar, 2024: p.1-19
520 _aThis paper analyzes an economic-epidemiological model of infectious disease where it is possible to become infected more than once and individual agents make endogenous choices of social distancing and vaccine adoption. Protective actions adopted by any one person reduce future risks to other people. The positive externalities associated with these behaviors provide motivation for vaccine and social-distancing subsidies, but subsidizing one protective action reduces incentives for other protective actions. A vaccine subsidy increases vaccine adoption and reduces steady-state infection prevalence; a social distancing subsidy can either increase or reduce steady-state infection prevalence.- Reproduced https://www.aeaweb.org/articles?id=10.1257/aeri.20220699
773 _aThe American Economic Review: Insights
906 _aPANDEMIC
942 _cAR