Too big to fail? Disease control versus market breakdown
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Markets, including trade networks of plant nurseries, foster exchanges among economic agents such as businesses and consumers; at the same time, many markets have been shown to host and propagate infectious units such as pathogens, computer viruses or toxic obligations. As markets are highly heterogeneous networks, the best strategy to mitigate disease spread consists in targeting the large companies as a matter of priority. However, as targeting large businesses is likely to yield major market imbalances by shortening the supply and increasing drastically the prices, we argue that optimal control policies should instead be determined by studying the trade-off between control efficiency and market stability.
This talk is part of the Plant Sciences Research Seminars series.
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