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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP14778 |
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 |
URL | https://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. |
条目包含的文件 | 条目无相关文件。 |
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