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SUMMARY:Optimal Disease Eradication in Sympatric Metapopulations - M. Graz
 iano Ceddia\, University of Reading
DTSTART:20110516T140000Z
DTEND:20110516T150000Z
UID:TALK30551@talks.cam.ac.uk
CONTACT:Dr Flavio Toxvaerd
DESCRIPTION:The paper analyses the management of an infectious disease in 
 a sympatric metapopulation\, under both Nash and cooperative behavior. As 
 pathogens are renewable resources with negative value\, the problem may be
  non-convex. Since the disease can be transmitted across various connected
  populations\, externalities are involved. A numerical application is deve
 loped with reference to a livestock disease which can be transmitted betwe
 en herds on common pastures. The results suggest that optimal eradication 
 in finite time should be pursued when possible. However\, optimal eradicat
 ion is not always possible (sometimes eradication can be only achieved asy
 mptotically) and the ecology of the disease is of paramount importance in 
 this respect. Ignoring these results may lead to inadequate policy design.
LOCATION:Meade Room\, Faculty of Economics on the Sidgwick Site
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