Choosing between adaptation and prevention with an increasing probability of a pandemic

Berry, Kevin; Finnoff, David

doi:10.1016/j.jebo.2016.06.007

Advanced Search

Select up to three search categories and corresponding keywords using the fields to the right. Refer to the Help section for more detailed instructions.

Search our Collections & Repository

Advanced Search
Custom Query

All these words:

For very narrow results

This exact word or phrase:

When looking for a specific result

Any of these words:

Best used for discovery & interchangable words

None of these words:

Recommended to be used in conjunction with other fields

Language:

Dates

Publication Date Range:

to

Document Data

Title:

Document Type:

Library

Collection:

Series:

People

Author:

Clear All

Query Builder

Query box

Clear All

For additional assistance using the Custom Query please check out our Help Page

i

Choosing between adaptation and prevention with an increasing probability of a pandemic

2016
By Berry, Kevin ; Finnoff, David
Source: Journal of Economic Behavior & Organization, 132, 177-192

[PDF-1.10 MB]

Details You May Also Like

Details:

Journal Title:

Journal of Economic Behavior & Organization
Personal Author:

Berry, Kevin ; Finnoff, David

Berry, Kevin ; Finnoff, David Less -
NOAA Program & Office:

NOS (National Ocean Service)
Description:

The risk of pandemics is increasing, driven by changes in human behavior and climate, both of which are difficult for policymakers to control. There are two main strategies available for reacting to these changes. This paper considers the decision to invest in either adaptation (domestic) capital or prevention (foreign) capital before a pandemic in an interval of time when pandemic risk is increasing. This paper demonstrates how relatively small investments in the two strategies can provide large savings through smaller expected future damages. The technical relationships between adaptation, prevention and risk also determine the optimal mixture of investment over time. As risk increases, the technical relationships between these three stocks causes the optimal mixture of strategies to change over time.
Keywords:

[+]

Economics And Econometrics Organizational Behavior And Human Resource Management
Source:

Journal of Economic Behavior & Organization, 132, 177-192
DOI:

https://doi.org/10.1016/j.jebo.2016.06.007
ISSN:

0167-2681
Format:

PDF
Publisher:

Elsevier BV
Document Type:

Journal Article
Funding:

Grant no. NA09NOS4780192
Rights Information:

Accepted Manuscript
Compliance:

Library
Main Document Checksum:

[+]

urn:sha256:c83d42d7a0386ebb9185825a6246bc892018f1a6d657b7719771ba626182effa
Download URL:

https://repository.library.noaa.gov/view/noaa/57788/noaa_57788_DS1.pdf
File Type:

No Additional Files

More +

Choosing between adaptation and prevention with an increasing probability of a pandemic

Details:

Supporting Files

You May Also Like