2021
DOI: 10.1098/rspa.2020.0604
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An agent-based model of the interrelation between the COVID-19 outbreak and economic activities

Abstract: As of July 2020, COVID-19 caused by SARS-COV-2 is spreading worldwide, causing severe economic damage. While minimizing human contact is effective in managing outbreaks, it causes severe economic losses. Strategies to solve this dilemma by considering the interrelation between the spread of the virus and economic activities are urgently needed to mitigate the health and economic damage. Here, we propose an abstract agent-based model of the COVID-19 outbreak that accounts for economic activities. The computatio… Show more

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Cited by 43 publications
(32 citation statements)
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“…The fine tuning of the parameters by noting the initial spread of the pandemic will help in predicting the medium term requirements of the public health facilities. However, there are many other aspects of a pandemic that we have not considered in this paper, e.g., the economic or financial implications [21] , [22] .…”
Section: Discussionmentioning
confidence: 99%
“…The fine tuning of the parameters by noting the initial spread of the pandemic will help in predicting the medium term requirements of the public health facilities. However, there are many other aspects of a pandemic that we have not considered in this paper, e.g., the economic or financial implications [21] , [22] .…”
Section: Discussionmentioning
confidence: 99%
“…In fact, ABMs have been used to identify and weight the plausible side effects of NPIs in the current pandemic. For example, Kano et al ( 2021 ) developed a simple ABM to explore the relationship between the spread of COVID-19 and economic activities. In that model, both health (e.g., infection) and economic traits (e.g., employment) of agents are considered, and special attention is paid to how they are related.…”
Section: Agent-based Modelsmentioning
confidence: 99%
“…However, simple state division may not be sufficient to meet the requirements of accurate simulation. Some studies use more complex state division [ 17 , 18 , 27 ]. There are different definitions of “agent” in these studies.…”
Section: The Covid19_alps Modelmentioning
confidence: 99%
“…The most common metrics in these studies are infection rate, recovery rate, and mortality rate. On the other hand, some researchers have focused on the intensive care unit (ICU)-bed occupancy [ 13 ] and economic activities [ 17 ].…”
Section: The Covid19_alps Modelmentioning
confidence: 99%