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COVID-19 2020: A year of living dangerously

Author

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  • Michelle Baddeley

    (UTS Business School, University of Technology Sydney)

Abstract

Numerous and complex policy challenges have emerged from the COVID-19 pandemic. These range from dealing with the direct impacts in terms of treating the virus and managing its spread, dealing with the pandemic's knock-on effects (including economic impacts from falling production, rising unemployment and changing working arrangements) through to managing the broader social and psychological impacts from the social isolation and social divisions triggered by the pandemic and governments' policy responses to it. In the light of these policy challenges, this article surveys the behavioural economic policy contributions collected together in the Journal of Behavioral Economics for Policy (JBEP)'s 2020 COVID-19 Special Issue series. This article also explores some of the broader behavioural economic policy lessons relevant to the management of pandemics now and in the future and sets out some of the key policy challenges around managing the tensions between individual interests and communal interests illuminated by the pandemic and its consequences.

Suggested Citation

  • Michelle Baddeley, 2020. "COVID-19 2020: A year of living dangerously," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 4(S3), pages 5-9, December.
  • Handle: RePEc:beh:jbepv1:v:4:y:2020:i:s3:p:5-9
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    References listed on IDEAS

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    1. Tatiana Andia & César Mantilla & Paul Rodríguez-Lesmes & Leonel Criado & Juan Sebastián Gómez & Santiago Ortiz & Andrea Quintero & Ferley Rincón & Steffanny Romero, 2020. "Information and symptoms assessment in community pharmacies during the COVID-19 pandemic: An audit study in Colombia," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 4(S2), pages 5-14, December.
    2. Jennifer F. Helgeson & Juan F. Fung & Alfredo R. Roa-Henriquez, 2020. "Rationally bounded in a storm of complex events: Small businesses facing natural hazard resilience during a pandemic," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 4(S3), pages 55-65, December.
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    8. Alexis Belianin & Alexander Shivarov, 2020. "What do we know, what we don't and what we cannot know so far about COVID-19: The case of Russia," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 4(S3), pages 77-86, December.
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    10. Lois Liao, 2020. "The two-way Othering during the COVID-19 pandemic: The role of political statement and media," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 4(S3), pages 67-76, December.
    11. Magda Osman & Scott McLachlan & Peter Lucas & Kudakwashe Dube & Graham A. Hitman & Evangelia Kyrimi & Martin Neil, 2020. "The thorny problems of COVID-19 Contact Tracing Apps: The need for a holistic approach," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 4(S), pages 57-61, June.
    12. Valerio Capraro & Hélène Barcelo, 2020. "The effect of messaging and gender on intentions to wear a face covering to slow down COVID-19 transmission," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 4(S2), pages 45-55, December.
    13. Michelle Baddeley, 2020. "Hoarding in the age of COVID-19," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 4(S), pages 69-75, June.
    14. Henrietta L. Moore & Hannah Collins, 2020. "Prosperity and the new normal: Social distancing and the exit from lockdown," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 4(S2), pages 35-44, December.
    15. Fadi Makki & Paola Schietekat Sedas & Jana Kontar & Nabil Saleh & Dario Krpan, 2020. "Compliance and stringency measures in response to COVID-19: A regional study," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 4(S2), pages 15-24, December.
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    Cited by:

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    2. Ariel Kalil & Susan Mayer & Rohen Shah, 2023. "Scarcity and Inattention," Journal of Behavioral Economics for Policy, Society for the Advancement of Behavioral Economics (SABE), vol. 7(1), pages 35-42, November.

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    More about this item

    Keywords

    behavioural economic policy; COVID-19; crisis management;
    All these keywords.

    JEL classification:

    • D9 - Microeconomics - - Micro-Based Behavioral Economics
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior

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