首页|Social interactions and the prophylaxis of SI epidemics on networks

Social interactions and the prophylaxis of SI epidemics on networks

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We investigate the containment of epidemic spreading in networks from a normative point of view. We consider a susceptible/infected model in which agents can invest in order to reduce the contagiousness of network links. In this setting, we study the relationships between social efficiency, individual behaviours and network structure. First, we characterise individual and socially efficient behaviour using the notions of communicability and exponential centrality. Second we show, by computing the Price of Anarchy, that the level of inefficiency can scale up linearly with the number of agents. Third, we prove that policies of uniform reduction of interactions satisfy some optimality conditions in a vast range of networks. In setting where no central authority can enforce such stringent policies, we consider as a type of second-best policy the implementation of cooperation frameworks that allow agents to subsidise prophylactic investments in the global rather than in the local network. We then characterise the scope for Pareto improvement opened by such policies through a notion of Price of Autarky, measuring the ratio between social welfare at a global and a local equilibrium. Overall, our results show that individual behaviours can be extremely inefficient in the face of epidemic propagation but that policy can take advantage of the network structure to design welfare improving containment policies. (c) 2021 Elsevier B.V. All rights reserved.

NetworkEpidemic spreadingPublic goodPrice of Anarchy

Bouveret, Geraldine、Mandel, Antoine

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Nanyang Technol Univ, Sch Phys & Math Sci, 21 Nanyang Link, Singapore 637371, Singapore

Univ Paris 1 Pantheon Sorbonne, Paris Sch Econ, Ctr Econ Sorbonne, 106 Blvd Hop, F-75013 Paris, France

2021

Journal of Mathematical Economics

Journal of Mathematical Economics

SCI
ISSN:0304-4068
年,卷(期):2021.93
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