Lockdowns as options
研究了在疫苗到达时间和有效性不确定的情况下，封锁策略具有类似期权的价值，可以延迟疫情高峰，为决策者提供灵活性。
The irreversibility of dying coupled with gradual information acquisition over time on the likely arrival and eventual effectiveness of vaccines confers a real option value to lockdown strategies that delay the incidence of pandemics given a stochastic vaccine arrival/effectiveness process.