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Experimental Research Examining How People Can Cope with Uncertainty Through Soft Haptic Sensations
Published on: September 16, 2015
Michael Barnett1, Greg Buchak2, Constantine Yannelis3
1W. P. Carey School of Business, Arizona State University, Tempe, AZ 85287.
Policymakers implement stricter quarantines when pandemic severity is uncertain, but less stringent ones when economic costs are unclear. Overall, uncertainty aversion leads to stronger public health interventions.
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