• Proc. Natl. Acad. Sci. U.S.A. · Jan 2021

    Rational policymaking during a pandemic.

    • Loïc Berger, Nicolas Berger, Valentina Bosetti, Itzhak Gilboa, Lars Peter Hansen, Christopher Jarvis, Massimo Marinacci, and Richard D Smith.
    • Centre National de la Recherche Scientifique, IÉSEG School of Management, University of Lille, Unité Mixte de Recherche 9221-Lille Economics Management, 59000 Lille, France; l.berger@ieseg.fr lhansen@uchicago.edu.
    • Proc. Natl. Acad. Sci. U.S.A. 2021 Jan 26; 118 (4).

    AbstractPolicymaking 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.Copyright © 2021 the Author(s). Published by PNAS.

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