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来源类型Working Paper
规范类型报告
DOI10.3386/w28601
来源IDWorking Paper 28601
Addressing the COVID-19 Pandemic: Comparing Alternative Value Frameworks
Maddalena Ferranna; JP Sevilla; David E. Bloom
发表日期2021-03-29
出版年2021
语种英语
摘要The COVID-19 pandemic has forced countries to make difficult ethical choices, e.g., how to balance public health and socioeconomic activity and whom to prioritize in allocating vaccines or other scarce medical resources. We discuss the implications of benefit-cost analysis, utilitarianism, and prioritarianism in evaluating COVID-19-related policies. The relative regressivity of COVID-19 burdens and control policy costs determines whether increased sensitivity to distribution supports more or less aggressive control policies. Utilitarianism and prioritarianism, in that order, increasingly favor income redistribution mechanisms compared with benefit-cost analysis. The concern for the worse-off implies that prioritarianism is more likely than utilitarianism or benefit-cost analysis to target young and socioeconomically disadvantaged individuals in the allocation of scarce vaccine doses.
主题Microeconomics ; Welfare and Collective Choice ; Health, Education, and Welfare ; Health ; Poverty and Wellbeing ; COVID-19
URLhttps://www.nber.org/papers/w28601
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/586274
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Maddalena Ferranna,JP Sevilla,David E. Bloom. Addressing the COVID-19 Pandemic: Comparing Alternative Value Frameworks. 2021.
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