Hyperbolic Discounting and COVID-19 Policy Responses

dc.contributor.advisorJudd Kessler
dc.contributor.authorLothe, Shaila
dc.date2023-05-17T23:55:51.000
dc.date.accessioned2023-05-23T03:29:48Z
dc.date.available2023-05-23T03:29:48Z
dc.date.issued2020-01-01
dc.date.submitted2020-10-04T14:28:46-07:00
dc.description.abstractTraditional economic theory assumes that policymakers are rational. However, one bias that policymakers may exhibit is hyperbolic discounting, particularly in health and environmental policy. This paper investigated whether a correlation between hyperbolic discounting and COVID-19 policy responses existed. Results showed that rational discounting and hyperbolic discounting both explain the stringency of policy responses across the world, although this effect was not driven by any specific policies. Further research is needed to determine the mechanism behind the relationship.
dc.identifier.urihttps://repository.upenn.edu/handle/20.500.14332/47020
dc.legacy.articleid1083
dc.legacy.fulltexturlhttps://repository.upenn.edu/cgi/viewcontent.cgi?article=1083&context=sire&unstamped=1
dc.source.issue77
dc.source.journalSocial Impact Research Experience (SIRE)
dc.source.statuspublished
dc.subject.otherhyperbolic discounting
dc.subject.othertime preferences
dc.subject.otherbehavioral economics
dc.subject.otherpublic policy
dc.subject.otherBehavioral Economics
dc.subject.otherHealth Policy
dc.subject.otherPublic Policy
dc.titleHyperbolic Discounting and COVID-19 Policy Responses
dc.typeWorking Paper
digcom.contributor.authorisAuthorOfPublication|email:lothe@wharton.upenn.edu|institution:University of Pennsylvania|Lothe, Shaila
digcom.identifiersire/77
digcom.identifier.contextkey19661881
digcom.identifier.submissionpathsire/77
digcom.typeworkingpaper
dspace.entity.typePublication
relation.isAuthorOfPublicationb7042433-3183-4256-b4d1-faf9f354b05d
relation.isAuthorOfPublication.latestForDiscoveryb7042433-3183-4256-b4d1-faf9f354b05d
upenn.schoolDepartmentCenterSocial Impact Research Experience (SIRE)
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