On the Management of Population Immunity

Herd immunity - crucial yet irrelevant


This paper considers a susceptible-infected-recovered type model of infectious diseases, such as COVID-19 or swine flu, in which costly treatment or vaccination confers immunity on recovered individuals.


  • About the author

    Dr Flavio Toxvaerd, Visiting Fellow

    Dr Flavio Toxvaerd is a University Lecturer at the Faculty of Economics, University of Cambridge and a fellow of Clare College. He holds degrees from the University of Copenhagen (BSc Economics, MSc Economics), the London School of Economics (MSc Econometrics and Mathematical Economics) and the ...   Learn more

    Flavio Toxvaerd
  • About the author

    Bob Rowthorn

    Robert Rowthorn is an Emeritus Professor at the University of Cambridge's Faculty of Economics, and a Fellow of King's College, Cambridge. His research interests include economic growth, employment and inequality, and the economics of the family.

    Robert Rowthorn