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The Pandemic Information Gap: The Brutal Economics of COVID-19 (The MIT Press)

The Pandemic Information Gap: The Brutal Economics of COVID-19 (The MIT Press)
Date: November 10th, 2020
ISBN: 0262539128
Language: English
Number of pages: 160 pages
Format: EPUB
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.

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