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Physical Sciences and Mathematics Commons

Open Access. Powered by Scholars. Published by Universities.®

Mathematics

University of Texas Rio Grande Valley

Series

2015

Computational models

Articles 1 - 1 of 1

Full-Text Articles in Physical Sciences and Mathematics

Bounded Rationality Alters The Dynamics Of Paediatric Immunization Acceptance, Tamer Oraby, Chris T. Bauch Jun 2015

Bounded Rationality Alters The Dynamics Of Paediatric Immunization Acceptance, Tamer Oraby, Chris T. Bauch

School of Mathematical and Statistical Sciences Faculty Publications and Presentations

Interactions between disease dynamics and vaccinating behavior have been explored in many coupled behavior-disease models. Cognitive effects such as risk perception, framing, and subjective probabilities of adverse events can be important determinants of the vaccinating behaviour, and represent departures from the pure “rational” decision model that are often described as “bounded rationality”. However, the impact of such cognitive effects in the context of paediatric infectious disease vaccines has received relatively little attention. Here, we develop a disease-behavior model that accounts for bounded rationality through prospect theory. We analyze the model and compare its predictions to a reduced model that lacks …