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Epidemic-economic model provides answers to k

<p>Is lockdown an effective response to a pandemic, or would it be better to let individuals spontaneously reduce their risk of infection?&nbsp; <a href="https://www.nature.com/articles/s41562-023-01747-x">Research</a> published today suggests these two highly-debated options lead to similar outcomes.&nbsp;</p>

<p>A ground-breaking economic-pandemic model, created by an international team of researchers, addresses some of the key policy debates of the Covid-19 pandemic but it will, in future, enable governments and policymakers to take tough decisions - and assess effective actions. &nbsp;&nbsp;</p>

<p>The modelling, designed by the team, including Oxford experts, has been tested using data from New York city responses to Covid-19 - and it accurately predicted both death rates and the impact on the city&#39;s economy of the first wave of the pandemic.&nbsp;</p>
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New York , United States , Marco Pangallo , Institute Of New Economic , Oxford Martin School , Oxford Complexity Economics Programme , Complexity Economics Programme , University Of Oxford , Method Of Research , New Economic Thinking , Doyne Farmer , Nature Human Behaviour , Deputy Director ,