Seminario 27/01 – Guillaume Batallie (University of Luxembourg): The pandemic game : Vaccination, Treatment, and Eradication Incentives

  Abstract: Epidemic management typically combines public prevention policies with privately supplied treatments. This paper develops a continuous-time SIS epidemic model with vaccination and treatment to examine how such institutional separation affects epidemic dynamics and disease eradication. We first characterize the socially efficient benchmark, which may exhibit endemic steady states, path dependence, and Sethi-Skiba thresholds….