Abstract
We develop a stochastic model of contagion with two individual types by extending an archetypal SIS CTMC model. Our results include the analyses of the contagion duration and the number of individual afflictions. Numerical applications with the minority and majority types are provided to consider various contagions.
Original language | English |
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Pages (from-to) | 2175-2193 |
Number of pages | 19 |
Journal | Journal of Industrial and Management Optimization |
Volume | 16 |
Issue number | 5 |
DOIs | |
Publication status | Published - 2020 |
Bibliographical note
Funding Information:Jerim Kim's research was supported by the 2017 Research Fund of the University of Seoul. Bara Kim's research was supported by the National Research Foundation of Korea (NRF) grant funded by the Korea government (MSIP) (NRF-2017R1A2B4012676).
Publisher Copyright:
© 2020 American Institute of Mathematical Sciences.
Keywords
- Contagion
- Epidemic
- Sis stochastic models
ASJC Scopus subject areas
- Business and International Management
- Strategy and Management
- Control and Optimization
- Applied Mathematics