Analyzing The Concept and Presenting A Strategic Loss Model To Contain The Crisis of Epidemic Diseases (Case Study: COVID-19)

Subject Areas : Industrial Management

Afrooz Amini Harandi ¹ , Sayyed Mohammad Reza Davoodi ² , Reza Maddahi ³ , Rasoul Asgarpour ⁴

1 - Ph.D. Candidate, Department of Management, Najafabad Branch, Islamic Azad University, Najafabad, Iran
2 - Associate Professor, Department of Industrial Management, Dehaghan Branch, Islamic Azad University, Dehaghan, Iran
3 - Assistant Professor, Department of Mathematical, Najafabad Branch, Islamic Azad University, Najafabad, Iran
4 - Assistant Professor, Department of Management, Najafabad Branch, Islamic Azad University, Najafabad, Iran

Received: 2024-04-18 Accepted : 2024-06-22 Published : 2024-09-30

Keywords:

Abstract :

Outbreaks of epidemics have been both catastrophic and manageable. In addressing the crisis posed by epidemic diseases such as COVID-19, non-pharmacological interventions are often the primary and most prioritized measures available. This study presents a conceptual model of strategic loss through the development of the Decision-Making under Deep Uncertainty (DMDU) model. The researchers aimed to create a model that, while incorporating the advantages of existing strategies, is more balanced and applicable across different countries and regions. Furthermore, the model seeks to maximize societal utility by minimizing both costs and casualties.The research employs a descriptive-analytical method, with data collected through library and document reviews. Qualitative analysis is used to assess the data. In this context, the study examines the most prevalent strategies for containing epidemic crises, evaluating their advantages, disadvantages, and effectiveness. The concept of strategic loss is analyzed and compared to other strategies. Importantly, the findings suggest that some of the key lessons learned from managing COVID-19 pertain to the management of future epidemics. According to the research, a strategy of defeat may be the preferred approach for responding to emerging infectious diseases with pandemic potential and moderate to high severity. Thus, it is recommended that decision-makers and policymakers utilize the results of this research to effectively navigate the crisis of epidemic diseases while minimizing vulnerability.

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