For the Pandemic response decision-tree example in Figure 7.4, choose a set of parameters for the two probabilities, the rate of discount and the various costs. Explain your assumptions about these choices.

B 9 - Time Preferences Disco X Recent - Google Drive X Fall 2021 schedule - Goog X B Homepage - PS 699 - Fall X G Grammarly X + V X C A learn.uwaterloo.ca/d21/le/content/709939/viewContent/4038441/View S : Apps M Gmail YouTube Maps Translate G Google Get coverage for pr... Expenditure Estimate.. Expenditure Estimate. NP Ontario doctors fac... > > Reading list YEAR 1: no vaccine available YEAR 2: vaccine available CPISD CPV P 2 P1 vaccinate 1-P, S.D. 1-P1 0 Node 1 CA CSD Node 0 Decision on P 2 Social Distancing CPN 'S.D.) Node 2 vaccinate 1-P Decision on whether to No S.D. 1-P2 Vaccinate 0 CA P 1 do not CPINV CPNSD vaccinate 1-P2 Figure 7.4: Pandemic (Covid-19) Response Decision Tree + 19 1 26 " >> Download Print > Type here to search O Ei -3 . C 1 6 0 ( ENG 9:28 PM 2021-11-23