Maximize Utility subject to R≤1: A Simple Price-Theory Approach to Covid-19 Lockdown and Reopening Policy
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This paper presents a simple price-theory approach to Covid-19 lockdown and reopening policy. The key idea is to conceptualize R 1 as a constraint, allowing traditional economic and societal goals to be the policy objective, all within a simple static optimization framework. This approach yields
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美国国家经济研究局创建时间：
2020-11-01
