G2TT
来源类型Discussion paper
规范类型论文
来源IDDP14778
DP14778 Political Economy of Crisis Response
Arda Gitmez; Konstantin Sonin; Austin L. Wright
发表日期2020-05-18
出版年2020
语种英语
摘要We offer a model in which heterogeneous agents make individual decisions with negative external effects such as the extent of social distancing during pandemics. Because of the externality, the agents have different individual and political preferences over the policy response. Personally, they might prefer a low-level response, yet would vote for a higher one because it deters the others - even if simultaneously decreasing their personal benefits. The effect is even more pronounced in information acquisition: agents would want one level of slant in the information they base their actions on and a different level of slant in public announcements. The model accounts for numerous empirical regularities of the public response to COVID-19.
主题Public Economics
关键词Covid-19 Public health externality Compliance Bayesian persuasion Media slant Income inequality
URLhttps://cepr.org/publications/dp14778-2
来源智库Centre for Economic Policy Research (United Kingdom)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/543707
推荐引用方式
GB/T 7714
Arda Gitmez,Konstantin Sonin,Austin L. Wright. DP14778 Political Economy of Crisis Response. 2020.
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