The pandemic information gap: the brutal economics of COVID-19

Gans, Joshua

The pandemic information gap: the brutal economics of COVID-19 - Cambridge MIT press 2020 - xi, 200 p.

ABOUT THE PANDEMIC INFORMATION GAP
Why solving the information problem should be at the core of our pandemic response: essential reading about the long-term implications of our current crisis.

COVID-19 is caused by a virus. The COVID-19 pandemic is caused by a lack of good information. A pandemic is essentially an information problem: this is the enlightening and provocative idea at the heart of this book. If we solve the information problem, argues economist Joshua Gans, we can defeat the virus. For example, when we don’t know who is infected, we have to act as if everyone is infected. If we actively manage the information problem–if we know who is infected and with whom they had contact–we can suppress the virus or buy time for vaccine development.

This is an expanded version of an eBook originally published as Economics in the Age of COVID-19.

9780262539128


Coronavirus infections-Economic aspects
Epidemics-Economic aspects
Financial crises

362.196 / GAN

©2019-2020 Learning Resource Centre, Indian Institute of Management Bodhgaya

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