@article{b544ad651428491ca9245cfc20687156,
title = "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 computational simulation of the model recapitulates the trade-off between the health and economic damage associated with voluntary restraint measures. Based on the simulation results, we discuss how the macroscopic dynamics of infection and economics emerge from individuals' behaviours. We believe our model can serve as a platform for discussing solutions to the above-mentioned dilemma.",
keywords = "COVID-19, agent-based model, economy, infection",
author = "Takeshi Kano and Kotaro Yasui and Taishi Mikami and Munehiro Asally and Akio Ishiguro",
note = "Funding Information: Data accessibility. The data including the source code and the supplementary videos are provided as electronic supplementary material. Authors{\textquoteright} contributions. T.K. and M.A. conceived of the work. T.K. and K.Y. proposed the mathematical model, and T.M., M.A. and A.I. refined it. T.K. performed the simulations. All authors analysed the results and drafted the manuscript. All authors gave final approval for publication and agree to be held accountable for the work performed therein. Competing interests. We declare we have no competing interests. Funding. This work is in part supported by the JSPS KAKENHI Fund for the Promotion of Joint International Research (Fostering Joint International Research (B))19KK0103. Acknowledgements. The authors would like to thank Dr Akira Fukuhara and Shura Suzuki of the Research Institute of Electrical Communication, Tohoku University for their helpful suggestions. The authors would like to thank Dr Masahiro Shimizu of Osaka University for providing part of the source code. Publisher Copyright: {\textcopyright} 2021 The Authors.",
year = "2021",
month = jan,
day = "1",
doi = "10.1098/rspa.2020.0604",
language = "English",
volume = "477",
journal = "Proceedings of the Royal Society A: Mathematical, Physical and Engineering Sciences",
issn = "1364-5021",
publisher = "Royal Society Publishing",
number = "2245",
}
