English

An agent-based model for interrelation between COVID-19 outbreak and economic activities

Physics and Society 2021-04-28 v1 Dynamical Systems

Abstract

As of July, 2020, acute respiratory syndrome caused by coronavirus COVID-19 is spreading over the world and causing severe economic damages. While minimizing human contact is effective in managing the outbreak, it causes severe economic losses. Strategies solving this dilemma by considering interrelation between the spread of the virus and economic activities are in urgent needs for mitigating the health and economic damage. Here we propose an abstract agent-based model for the outbreak of COVID-19 in which economic activities are taken into account. The computational simulation of the model recapitulated the trade-off between health and economic damage associated with lockdown measures. Based on the simulation results, we discuss how macroscopic dynamics of infection and economy emerge from the individuals' behaviours. We believe our model can serve as a platform for discussing solutions to the abovementioned dilemma.

Keywords

Cite

@article{arxiv.2007.11988,
  title  = {An agent-based model for interrelation between COVID-19 outbreak and economic activities},
  author = {Takeshi Kano and Kotaro Yasui and Taishi Mikami and Munehiro Asally and Akio Ishiguro},
  journal= {arXiv preprint arXiv:2007.11988},
  year   = {2021}
}

Comments

15 pages, 10figures

R2 v1 2026-06-23T17:20:51.641Z