Question: Problem 2 (Behavioral SIR Model). The problem augments the basic SIR model covered in class by introducing equilibrium social distancing. By contrast to the social
Problem 2 (Behavioral SIR Model). The problem augments the basic SIR model covered in class by introducing equilibrium social distancing. By contrast to the social distancing in the model of Toxvaerd (2020) (covered in class), here, social distancing is myopic and, therefore, is easier to analyze, although is not necessarily more realistic. The governing (next in the screenshot)
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