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Enhancing long-term forecasting: Learning from COVID-19 models

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sword-2022-08-04T17:30:14.original.xml (130 B)
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Author(s)
Rahmandad, Hazhir
•
Xu, Ran
•
Ghaffarzadegan, Navid
Date Issued
May 2022
Journal
PLOS Computational Biology
Publisher
Public Library of Science (PLoS)
Citation
Rahmandad, Hazhir, Xu, Ran and Ghaffarzadegan, Navid. 2022. "Enhancing long-term forecasting: Learning from COVID-19 models." PLOS Computational Biology, 18 (5).
Version
Final published version
Abstract
While much effort has gone into building predictive models of the COVID-19 pandemic, some have argued that early exponential growth combined with the stochastic nature of epidemics make the long-term prediction of contagion trajectories impossible. We conduct two complementary studies to assess model features supporting better long-term predictions. First, we leverage the diverse models contributing to the CDC repository of COVID-19 USA death projections to identify factors associated with prediction accuracy across different projection horizons. We find that better long-term predictions correlate with: (1) capturing the physics of transmission (instead of using black-box models); (2) projecting human behavioral reactions to an evolving pandemic; and (3) resetting state variables to account for randomness not captured in the model before starting projection. Second, we introduce a very simple model, SEIRb, that incorporates these features, and few other nuances, offers informative predictions for as far as 20-weeks ahead, with accuracy comparable with the best models in the CDC set. Key to the long-term predictive power of multi-wave COVID-19 trajectories is capturing behavioral responses endogenously: balancing feedbacks where the perceived risk of death continuously changes transmission rates through the adoption and relaxation of various Non-Pharmaceutical Interventions (NPIs).
MIT Department
Sloan School of Management
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Creative Commons Attribution 4.0 International license
https://creativecommons.org/licenses/by/4.0/
Persistent DSpace Link
https://hdl.handle.net/1721.1/144230
DOI of Published Version
https://doi.org/10.1371/journal.pcbi.1010100
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