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Is Science Able to Perform Under Pressure? Insights from COVID-19

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  • Ho Fai Chan
  • Nikita Ferguson
  • David A. Savage
  • David Stadelmann
  • Benno Torgler

Abstract

Although science has been an incredibly pow erful and revolutionary force, it is not clear whether science is suited to perf ormance under pressure; generally, science achieves best in its usual comfort zone of patience, caution, and slowness. But if science is organized knowledge and acts as a guiding force for making informed decisions, it is important to understand how science and scientists perform as a reliable and valuable institution in a global crisis such as COVID-19. This paper provides insights and reflections looking at aspects such as speed, transparency, trust, data sharing, scientists in the political arena, and the psychology of scientists; all of which are areas inviting more detailed investigation by future studies conducting systematic empirical studies.

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  • Ho Fai Chan & Nikita Ferguson & David A. Savage & David Stadelmann & Benno Torgler, 2020. "Is Science Able to Perform Under Pressure? Insights from COVID-19," CREMA Working Paper Series 2020-07, Center for Research in Economics, Management and the Arts (CREMA).
  • Handle: RePEc:cra:wpaper:2020-07
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    References listed on IDEAS

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    5. David Stadelmann & Benno Torgler, 2012. "Bounded Rationality and Voting Decisions Exploring a 160-Year Period," Working Papers 2012.70, Fondazione Eni Enrico Mattei.
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    9. Reiner Eichenberger & Rainer Hegselmann & David Savage & David Stadelmann & Benno Torgler, 2020. "Certified Corona-Immunity as a Resource and Strategy to Cope with Pandemic Costs," CREMA Working Paper Series 2020-03, Center for Research in Economics, Management and the Arts (CREMA).
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    1. James Alm & Kay Blaufus & Martin Fochmann & Erich Kirchler & Peter N. C. Mohr & Nina E. Olson & Benno Torgler, 2020. "Tax Policy Measures to Combat the SARS-CoV-2 Pandemic and Considerations to Improve Tax Compliance: A Behavioral Perspective," FinanzArchiv: Public Finance Analysis, Mohr Siebeck, Tübingen, vol. 76(4), pages 396-428.

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