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Amitrajeet A. Batabyal |
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''Can not wanting to wear a mask be rational?'' |
( 2022, Vol. 42 No.3 ) |
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I answer the question in the title by analyzing an office environment in which n∈N individuals work together in an enclosed area. The ith worker wears his mask for h_i hours per day and this action involves a disutility. His health benefit from wearing a mask depends on how his mask wearing compares with the mask wearing of his co-workers. In this setting, I first compute the symmetric Nash equilibrium that describes the optimal number of hours of mask wearing by each worker. Second, I compute the Pareto efficient level of mask wearing on the part of the n workers. Finally, I explain why there is excessive mask wearing in the Nash equilibrium and then point out that it can indeed be rational to not want to wear a mask. |
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Keywords: Mask, Nash Equilibrium, Pareto Efficiency, Rat Race |
JEL: I1 - Health: General C7 - Game Theory and Bargaining Theory |
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Manuscript Received : Nov 23 2021 | | Manuscript Accepted : Sep 30 2022 |
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