Lockdown is expen$ive! What does it buy? (1) Flatten curve at pandemic peak, (2) Delay peak hoping for vaccine (3) Delay peak for time to expand docs, beds, ventilators, tests, apps, etc. Only (1) seems cost-effective to me, but if so, deliberate exposure would also help now.
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I'm having a hard time parsing this. When you two are discussing competitive signalling, are you using it euphemistically? I looked up the term and am not sure how it fits.https://www.sciencedirect.com/science/article/pii/0022053175900496 …
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Not that. More like arms races.
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