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A Susceptible-infected Epidemic Model with Voluntary Vaccinations
Authors:Frederick H. Chen
Affiliation:(1) Department of Economics, Wake Forest University, Box 7505, Winston-Salem, NC 27109-7505, USA
Abstract:
An susceptible-infected epidemic model with endogenous behavioral changes is presented to analyze the impact of a prophylactic vaccine on disease prevalence. It is shown that, with voluntary vaccination, whether an endemic equilibrium exists or not does not depend on vaccine efficacy or the distribution of agent-types. Although an endemic equilibrium is unique in the absence of a vaccine, the availability of a vaccine can lead to multiple endemic equilibria that differ in disease prevalence and vaccine coverage. Depending on the distribution of agent-types, the introduction of a vaccine or, if one is available, a subsidy for vaccination can increase disease prevalence by inducing more risky behavior.I would like to thank one of the editors of the journal, Alan Hastings, for his comments and suggestions.
Keywords:Endemic equilibrium  Reproductive number  Dynamic programming  STD  Voluntary vaccination  Mass vaccination
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