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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