Published January 26, 2021 | Version v1
Journal article Open

Rational policymaking during a pandemic

  • 1. University of Lille
  • 2. London School of Hygiene & Tropical Medicine
  • 3. European Institute on Economics and the Environment
  • 4. École des Hautes Études Commerciales de Paris
  • 5. University of Chicago
  • 6. Bocconi University

Description

Policymaking during a pandemic can be extremely challenging. As COVID-19 is a new disease and its global impacts are unprecedented, decisions are taken in a highly uncertain, complex, and rapidly changing environment. In such a context, in which human lives and the economy are at stake, we argue that using ideas and constructs from modern decision theory, even informally, will make policymaking a more responsible and transparent process. © 2021 National Academy of Sciences. All rights reserved.

Data availability

There are no data underlying this work.

Files

berger-et-al-2021-rational-policymaking-during-a-pandemic.pdf

Files (2.0 MB)

Name Size Download all
Article
md5:dc45983781154743aa93d28fae6dd4d0
1.7 MB Preview Download
Supporting information
md5:b301ff389f6ed4284c48b6b3422f28e8
330.5 kB Preview Download

Additional details

Identifiers

DOI
10.1073/pnas.2012704118
Other
oai:uchicago.tind.io:9605

Funding

Alfred P. Sloan Foundation
G-2018-11113
Bocconi University
European Research Council
European Union’s Seventh Framework Programme
Horizon
2020 research and innovation programme
French Agence Nationale de la Recherche
ANR-17-CE03-0008-01
French Agence Nationale de la Recherche
ANR-11-IDEX-0003
French Agence Nationale de la Recherche
ANR-11-LABX-0047
Tel-Aviv University
Foerder Institute
Israel Science Foundation Grant
1077/17

UChicago Information

Division(s)
Booth School of Business
Department(s)
Macroeconomics, Microeconomics, Statistics