Berger, Loïc;
Berger, Nicolas;
Bosetti, Valentina;
Gilboa, Itzhak;
Hansen, Lars Peter;
Jarvis, Christopher;
Marinacci, Massimo;
Smith, Richard D;
(2021)
Rational policymaking during a pandemic.
Proceedings of the National Academy of Sciences of the United States of America, 118 (4).
e2012704118-e2012704118.
ISSN 0027-8424
DOI: https://doi.org/10.1073/pnas.2012704118
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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.