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Policymaking 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.

Published in: Proceedings of the National Academy of Sciences of the United States of America

• Authored by Loïc Berger Nicolas Berger Valentina Bosetti Itzhak Gilboa Lars Peter Hansen Christopher Jarvis Massimo Marinacci Richard D. Smith
• 2021
• Coronavirus
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