A stochastic model of contagion with different individual types

Geofferey Jiyun Kim, Jerim Kim, Bara Kim

Research output: Contribution to journalArticlepeer-review

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 languageEnglish
Pages (from-to)2175-2193
Number of pages19
JournalJournal of Industrial and Management Optimization
Volume16
Issue number5
DOIs
Publication statusPublished - 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

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