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An Optimal Lockdown Relaxation Strategy for Minimizing the Economic Effects of COVID-19 Outbreak

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  • A. C. Mahasinghe
  • K. K. W. H. Erandi
  • S. S. N. Perera
  • Ram U. Verma

Abstract

In order to recover the damage to the economy by the ongoing COVID-19 pandemic, many countries consider the transition from strict lockdowns to partial lockdowns through relaxation of preventive measures. In this work, we propose an optimal lockdown relaxation strategy, which is aimed at minimizing the damage to the economy, while confining the COVID-19 incidence to a level endurable by the available healthcare facilities in the country. In order to capture the transmission dynamics, we adopt the compartment models and develop the relevant optimization model, which turns out to be nonlinear. We generate approximate solutions to the problem, whereas our experimentation is based on the data on the COVID-19 outbreak in Sri Lanka.

Suggested Citation

  • A. C. Mahasinghe & K. K. W. H. Erandi & S. S. N. Perera & Ram U. Verma, 2021. "An Optimal Lockdown Relaxation Strategy for Minimizing the Economic Effects of COVID-19 Outbreak," International Journal of Mathematics and Mathematical Sciences, Hindawi, vol. 2021, pages 1-10, January.
    • Handle: RePEc:hin:jijmms:6684271
    DOI: 10.1155/2021/6684271
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    Cited by:

    1. Farhad Hassan & Muhammad Umar Chaudhry & Muhammad Yasir & Muhammad Nabeel Asghar & Samuel Asumadu Sarkodie, 2021. "Monitoring the Impact of COVID-19 Lockdown on the Production of Nitrogen Dioxide (NO 2 ) Pollutants Using Satellite Imagery: A Case Study of South Asia," Sustainability, MDPI, vol. 13(13), pages 1-17, June.

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