Rational policymaking during a pandemic #MMPMID33472971
Berger L; Berger N; Bosetti V; Gilboa I; Hansen LP; Jarvis C; Marinacci M; Smith RD
Proc Natl Acad Sci U S A 2021[Jan]; 118 (4): ä PMID33472971show ga
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.