Prof. Amnon Shashua
Prof. Shai Shalev-Shwartz
Guidelines for resuming economic activity in the face of the COVID-19 crisis
As social-distancing restrictions are being lifted in Israel, the public understanding is that we will need to adjust to a way of life where we balance fear of the coronavirus pandemic against the importance of adapting to a new-normal; a new reality in which we will have to balance health and economics. Currently, there isn't a clear picture of how life will continue in either realm. Removing restrictions across the population, even gradually, will inevitably cause an increase in the number of infected and critically-ill patients and recurring closures, requiring unprecedented economic and social adaptability. Few countries can sustain the price of economic paralysis for such a long period, the result of which may be irreversible.
The strategy for dealing with the virus proposed in the following articles, together with the underlying mathematical model, show it's not a zero-sum game. We have the ability to maintain public health while at the same time preventing a financial disaster.
From the news:
Articles:
Description: Provides guidelines for implementing the insights gained from the formal models. These guidelines propose "living with COVID-19" along with economic activities, including resumption of the education system.
Description: In this document we present an exit strategy based on the principle of separation and distribution of resources by risk groups. With the help of the SEIR model, we provide a mathematical tool that proves that the health system can manage the severe morbidity rates, as well as estimate the mortality rate in various scenarios.
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