Belief-driven dynamics in a behavioral SEIRD macroeconomic model with sceptics

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F67985556%3A_____%2F24%3A00579211" target="_blank" >RIV/67985556:_____/24:00579211 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/00216208:11230/24:10481052

Výsledek na webu

<a href="https://www.sciencedirect.com/science/article/pii/S0167268123004110?via%3Dihub" target="_blank" >https://www.sciencedirect.com/science/article/pii/S0167268123004110?via%3Dihub</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.1016/j.jebo.2023.11.011" target="_blank" >10.1016/j.jebo.2023.11.011</a>

Jazyk výsledku

angličtina

Název v původním jazyce

Belief-driven dynamics in a behavioral SEIRD macroeconomic model with sceptics

Popis výsledku v původním jazyce

The reluctance of a non-trivial fraction of the population to adhere to social distancing measures - and even to get vaccinated - during the COVID-19 pandemic represented a challenge for imposed public health policies in many countries around the world. Against this background we study the impact of boundedly rational perceptions for the dynamics of epidemics such as the COVID-19 pandemic in a standard epidemic model extended by a stylized macroeconomic dimension similar to Atkeson et al. (2021). We illustrate through which channels misperceptions or even “scepticism” concerning the infectiousness of the disease or its mortality rate may undermine the effectiveness of lockdowns and other public health policies in the long-run.

Název v anglickém jazyce

Belief-driven dynamics in a behavioral SEIRD macroeconomic model with sceptics

Popis výsledku anglicky

The reluctance of a non-trivial fraction of the population to adhere to social distancing measures - and even to get vaccinated - during the COVID-19 pandemic represented a challenge for imposed public health policies in many countries around the world. Against this background we study the impact of boundedly rational perceptions for the dynamics of epidemics such as the COVID-19 pandemic in a standard epidemic model extended by a stylized macroeconomic dimension similar to Atkeson et al. (2021). We illustrate through which channels misperceptions or even “scepticism” concerning the infectiousness of the disease or its mortality rate may undermine the effectiveness of lockdowns and other public health policies in the long-run.

Druh

J_imp - Článek v periodiku v databázi Web of Science

CEP obor

—

OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

—

Návaznosti

I - Institucionalni podpora na dlouhodoby koncepcni rozvoj vyzkumne organizace

Rok uplatnění

2024

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

Journal of Economic Behavior & Organization

ISSN

0167-2681

e-ISSN

1879-1751

Svazek periodika

217

Číslo periodika v rámci svazku

1

Stát vydavatele periodika

NL - Nizozemsko

Počet stran výsledku

22

Strana od-do

312-333

Kód UT WoS článku

001124876200001

EID výsledku v databázi Scopus

2-s2.0-85177885695