Managing the endogenous risk of disease outbreaks with non-constant background risk

DOI10.1016/J.JEDC.2014.09.014MaRDI QIDQ1623992zbMATH OpenOpenAlexWikidataFDO

Authors Kevin Berry, David Finnoff, Richard D. Horan, Jason F. Shogren

Publication date 15 November 2018

Published in Journal of Economic Dynamics and Control (Search for Journal in Brave)

Full work available at URL http://europepmc.org/articles/pmc5026245

zbMATH Keywords

infectious diseaseoptimal controlendogenous riskprevention schedule

Mathematics Subject Classification ID

Epidemiology (92D30) Environmental economics (natural resource models, harvesting, pollution, etc.) (91B76) Economic growth models (91B62)

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Cites work

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• Costate variables correctly value stocks at each instant
• Nonconvexities in optimal pollution accumulation
• Optimal Maintenance and Sale Age for a Machine Subject to Failure
• Optimal preventive maintenance, protection, and replacement of a revenue- earning asset
• PROTECTING A FOREST AGAINST FIRE: OPTIMAL PROTECTION PATTERNS AND HARVEST POLICIES
• Preparing for catastrophic climate change
• Regime shifts and uncertainty in pollution control
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Cited in

(2)

• Assessing the economic trade-offs between prevention and suppression of Forest fires
• Risk management, signal processing and econometrics: a new tool for forecasting the risk of disease outbreaks

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