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epidemic will gradually pay the way for a new generation of educated consumers who spend money on products and services that … consumer behaviour during an epidemic is important from theoretical and practical perspectives. StimulusOrganism-Response (S …
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How should unemployment benefits vary in response to the economic crisis induced by the COVID-19 pandemic? We answer this question by computing the optimal unemployment insurance response to the COVID-induced recession.We compare the optimal policy to the provisions under the CARES Act-which...
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contacts drastically in the beginning, to almost eradicate the epidemic, and keeps them at around a third of pre … epidemic in the laissez faire, though at a prevalence of infections much higher than optimal. Impure altruistic behaviour …
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