IDEAS home Printed from https://ideas.repec.org/a/anr/reseco/v3y2011p277-296.html
   My bibliography  Save this article

The Economics of Infection Control

Author

Listed:
  • Mark Gersovitz

    (Department of Economics, The Johns Hopkins University, Baltimore, Maryland 21218)

Abstract

Economics plus epidemiology provide models of infections and associated behavior of private individuals. They show how infections generate problems of dynamic externalities, scope for government to offset externalities, and problems of the second best when government cannot or does not. Features of these models affect conclusions about individual behavior and government policy: the transition states into and out of infection; the nature of matching among susceptibles and infecteds; the opportunities for prevention, including vaccination, and for therapies and their costs; and the targeting of these health interventions at people, depending on health status. There may be multiple endemic optimal steady states.

Suggested Citation

  • Mark Gersovitz, 2011. "The Economics of Infection Control," Annual Review of Resource Economics, Annual Reviews, vol. 3(1), pages 277-296, October.
    • Handle: RePEc:anr:reseco:v:3:y:2011:p:277-296
    as

    Download full text from publisher

    File URL: http://www.annualreviews.org/doi/abs/10.1146/annurev-resource-083110-120052
    Download Restriction: Full text downloads are only available to subscribers. Visit the abstract page for more information.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Krishna Dasaratha, 2020. "Virus Dynamics with Behavioral Responses," Papers 2004.14533, arXiv.org, revised Sep 2023.
    2. Joshua S. Gans, 2023. "Vaccine Hesitancy, Passports, And The Demand For Vaccination," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(2), pages 641-652, May.
    3. Korinek, Anton & Bethune, Zachary, 2020. "COVID-19 Infection Externalities: Trading Off Lives vs. Livelihoods," CEPR Discussion Papers 14596, C.E.P.R. Discussion Papers.
    4. Goyal, Sanjeev & Vigier, Adrien, 2015. "Interaction, protection and epidemics," Journal of Public Economics, Elsevier, vol. 125(C), pages 64-69.
    5. David E. Bloom & Michael Kuhn & Klaus Prettner, 2022. "Modern Infectious Diseases: Macroeconomic Impacts and Policy Responses," Journal of Economic Literature, American Economic Association, vol. 60(1), pages 85-131, March.
    6. Martin F Quaas & Jasper N Meya & Hanna Schenk & Björn Bos & Moritz A Drupp & Till Requate, 2021. "The social cost of contacts: Theory and evidence for the first wave of the COVID-19 pandemic in Germany," PLOS ONE, Public Library of Science, vol. 16(3), pages 1-29, March.
    7. Gans, Joshua Samuel, 2020. "The Economic Consequences of R=1: Towards a Workable Behavioural Epidemiological Model of Pandemics," SocArXiv yxdc5, Center for Open Science.
    8. Christopher J. Coyne & Thomas K. Duncan & Abigail R. Hall, 2021. "The political economy of state responses to infectious disease," Southern Economic Journal, John Wiley & Sons, vol. 87(4), pages 1119-1137, April.
    9. Martin F. Quaas & Jasper N. Meya & Hanna Schenk & Björn Bos & Moritz A. Drupp & Till Requate, 2020. "The Social Cost of Contacts: Theory and Evidence for the Covid-19 Pandemic in Germany," CESifo Working Paper Series 8347, CESifo.
    10. Charles Shaw & Silvio Vanadia, 2022. "Utilitarianism on the front lines: COVID-19, public ethics, and the "hidden assumption" problem," Papers 2205.01957, arXiv.org.
    11. Glenn L. Furton, 2023. "The pox of politics: Troesken’s tradeoff reexamined," Public Choice, Springer, vol. 195(1), pages 169-191, April.
    12. Fenichel, Eli P., 2013. "Economic considerations for social distancing and behavioral based policies during an epidemic," Journal of Health Economics, Elsevier, vol. 32(2), pages 440-451.
    13. Stephen C. Newbold & David Finnoff & Linda Thunström & Madison Ashworth & Jason F. Shogren, 2020. "Effects of Physical Distancing to Control COVID-19 on Public Health, the Economy, and the Environment," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 76(4), pages 705-729, August.
    14. Jamie Bedson & Laura A. Skrip & Danielle Pedi & Sharon Abramowitz & Simone Carter & Mohamed F. Jalloh & Sebastian Funk & Nina Gobat & Tamara Giles-Vernick & Gerardo Chowell & João Rangel Almeida & Ran, 2021. "A review and agenda for integrated disease models including social and behavioural factors," Nature Human Behaviour, Nature, vol. 5(7), pages 834-846, July.

    More about this item

    Keywords

    health; infections; prevention; therapies; epidemiology;
    All these keywords.

    JEL classification:

    • H41 - Public Economics - - Publicly Provided Goods - - - Public Goods
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:anr:reseco:v:3:y:2011:p:277-296. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: http://www.annualreviews.org (email available below). General contact details of provider: http://www.annualreviews.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.