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

By: Gans, JoshuaMaterial type: TextTextPublication details: Cambridge MIT press 2020 Description: xi, 200 pISBN: 9780262539128Subject(s): Coronavirus infections-Economic aspects | Epidemics-Economic aspects | Financial crisesDDC classification: 362.196 Summary: 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.
List(s) this item appears in: Public Policy & General Management | Marketing
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Public Policy & General Management 362.196 GAN (Browse shelf(Opens below)) 1 Available 004086

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.

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