Alex Adamou Profile picture
An Introduction to Ergodicity Economics
Mar 28, 2020 21 tweets 6 min read
Are standard epidemiological models useful for decision-making in a real epidemic in real time? We have been pondering this question recently at @LdnMathLab. Here are some (not too technical) thoughts. There are two types of epidemiological model. Compartmental models, like SIR, divide the population into different disease states and model flows between the states. Agent-based models simulate potentially transmissive interactions between virtual individuals.