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Author(s) -
Dixon Robert
Publication year - 2020
Publication title -
australian economic review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.308
H-Index - 29
eISSN - 1467-8462
pISSN - 0004-9018
DOI - 10.1111/1467-8462.12380
Subject(s) - simple (philosophy) , yield (engineering) , mathematical economics , economics , computer science , econometrics , epistemology , physics , philosophy , thermodynamics
In this paper I adapt a common model used in economics to study the diffusion of innovations to model the transmission of a virus. Emphasis is placed on the evolution of the number of new infections and the cumulative total number of infections over time and how they might be influenced by different policies. Although the model is very simple it does yield some useful implications for public policy .