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Pandemic Information Gap and the Brutal Economics of COVID-19

Joshua Gans
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      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.
      Format: CONTRIBUTORS: Joshua Gans EAN: 9780262539128 COUNTRY: United States PAGES: WEIGHT: 0 g HEIGHT: 203 cm
      PUBLISHED BY: MIT Press Ltd DATE PUBLISHED: 2020-11-10 CITY: GENRE: BUSINESS & ECONOMICS / Economics / Macroeconomics, MEDICAL / Health Policy, POLITICAL SCIENCE / Public Policy / Economic Policy WIDTH: 137 cm SPINE:

      Book Themes:

      Economics

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      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.
      Format: CONTRIBUTORS: Joshua Gans EAN: 9780262539128 COUNTRY: United States PAGES: WEIGHT: 0 g HEIGHT: 203 cm
      PUBLISHED BY: MIT Press Ltd DATE PUBLISHED: 2020-11-10 CITY: GENRE: BUSINESS & ECONOMICS / Economics / Macroeconomics, MEDICAL / Health Policy, POLITICAL SCIENCE / Public Policy / Economic Policy WIDTH: 137 cm SPINE:

      Book Themes:

      Economics

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