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Uncertainty and decision-making during a crisis: How to make policy decisions in the COVID-19 context?

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Book

Berger, Loïc ; Berger, Nicolas ; Bosetti, Valentina ; Gilboa, Itzhak ; Hansen, Lars ; Jarvis, Christopher ; Marinacci, Massimo ; Smith, Richard

HAL-SHS - Villeurbanne

2020

1 p.

epidemic disease ; decision making ; government policy ; risk management

hal-02907328

Risk assessment and risk management

https://hal.archives-ouvertes.fr/hal-02907328

English

"Policymaking during a pandemic can be extremely challenging. As COVID-19 is a new disease and its global impacts are unprecedented, decisions need to be made 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 more a responsible and transparent process."

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