Lockdowns as Options
| Authors | |
|---|---|
| Publication date | 05-2022 |
| Journal | Economics Letters |
| Article number | 110420 |
| Volume | Issue number | 214 |
| Number of pages | 5 |
| Organisations |
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| Abstract | The irreversibility of dying coupled with gradual information acquisition over time on the likely arrival and eventual effectiveness of vaccines confers a real option value to lockdown strategies that delay the incidence of pandemics given a stochastic vaccine arrival/effectiveness process. |
| Document type | Article |
| Language | English |
| Published at | https://doi.org/10.1016/j.econlet.2022.110420 |
| Downloads |
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