An Equilibrium Model of the African HIV/AIDS Epidemic

Thursday, December 3, 2009
12:00 PM - 1:30 PM
(Pacific)
Encina Ground Floor Conference Room
Speaker: 
  • Michele Tertilt

An equilibrium search model of the Malawian HIV/AIDS epidemic is presented. Individuals engage in di¤erent types of sexual activity, which vary in their riskiness. When choosing a sexual activity, such as short-term sex without a condom, a person rationally considers its risk. A simulated version of the model is parameterized to match some salient facts about the Malawian epidemic. Some topical policies (e.g., male circumcision, treatment of other STDs, and promoting marriage) are studied and found to have potential to back…re: Moderate interventions may actually increase the prevalence of HIV/AIDS, due to shifts in human behavior and equilibrium e¤ects.

Assistant Professor Michele Tertilt is one of three Stanford scholars awarded a two-year Sloan Research Fellowship.  The Sloan Research Fellowships support the work of exceptional young researchers early in their academic careers.  Michele's research focuses on  family economics, consumer credit, growth and development, and demography.  The Economics department congratulates Michele on the prestigious fellowship.