Based on this model we include (i) the possibility of locking down the economy with different intensities and (ii) the optimal distribution of the vaccination to minimize economic costs of the COVID pandemic.
Team: Stefan Wrzaczek, Alexia Prskawetz, Miguel Sanchez-Romero, Gustav Feichtinger
Research Group: Economic Demography
Cooperation Partners: International Institute for Applied Systems Analysis (IIASA) - Michael Kuhn, Dieter Grass, Institut für Business Decisions and Analytics, Universität Wien - Richard Hartl, Andrea Seidl, Carnegie Mellon University, Pittsburgh - Jon Caulkins, Department of Econometrics and Operations Research, Tilburg University - Peter Kort
Time Frame: January 2021 -