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Coordination and Social Distancing
Mehdi Shadmehr
Ethan Bueno de Mesquita
其他書名
Inertia in the Aggregate Response to COVID-19
出版
SSRN
, 2020
URL
http://books.google.com.hk/books?id=DEbbzwEACAAJ&hl=&source=gbs_api
註釋
Social distancing which is critical for mitigating the spread of COVID-19 has been slow and inadequate. Applying the literature on beauty contest models, we show: (1) When a new and rare virus, like COVID-19, emerges, the aggregate level of social distancing has inherent inertia; (2) Clear national public statements are essential in reducing that inertia and adjusting the public's behavior to the new, optimal level of social distancing; (3) National communication is better than local communication when optimal social distancing levels are highly correlated over-time and when individuals are poorly-informed.