Rational policymaking during a pandemic
This is the final version. Available on open access from National Academy of Sciences via the DOI in this record ; Policymaking during a pandemic can be extremely challenging. As COVID-19 is a new disease and its global impacts are unprecedented, decisions are taken 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 a more responsible and transparent process. ; Alfred P. Sloan Foundation ; Bocconi University ; European Union FP7 ; European Union Horizon 2020 ; Agence Nationale de la Recherche ; Foerder Institute at Tel-Aviv University ; Israel Science Foundation