{"title":"Moritz Kuhn discussion of: Safe choices?","authors":"M. Kuhn","doi":"10.1093/epolic/eiac035","DOIUrl":null,"url":null,"abstract":"The Covid pandemic dominated social life over the past 2 years. It turned social interaction that is a key part of human life into risky behaviour. It thereby affected the relative utility from different consumption goods compared with a non-pandemic world. Those consumption goods that happen in public or in groups (watching a soccer game at the stadium) come in the pandemic with the risk of infection, whereas others that are done at home (watching a soccer game on TV) remain unaffected. As a result, households face a new trade-off for their consumption decisions when they have to decide about consumption with social interaction and the risk of infection. Many governments put regulation in place that restricted this trade off, whereas other governments asked the population to be responsible enough to decide on this risk-return trade off solely based on private costs and gains.","PeriodicalId":43996,"journal":{"name":"Ekonomicheskaya politika","volume":" ","pages":""},"PeriodicalIF":0.4000,"publicationDate":"2022-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Ekonomicheskaya politika","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1093/epolic/eiac035","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 0
Abstract
The Covid pandemic dominated social life over the past 2 years. It turned social interaction that is a key part of human life into risky behaviour. It thereby affected the relative utility from different consumption goods compared with a non-pandemic world. Those consumption goods that happen in public or in groups (watching a soccer game at the stadium) come in the pandemic with the risk of infection, whereas others that are done at home (watching a soccer game on TV) remain unaffected. As a result, households face a new trade-off for their consumption decisions when they have to decide about consumption with social interaction and the risk of infection. Many governments put regulation in place that restricted this trade off, whereas other governments asked the population to be responsible enough to decide on this risk-return trade off solely based on private costs and gains.
期刊介绍：
Ekonomicheskaya Politika is a broad-range economic journal devoted primarily to the study of the economic policy of present-day Russia as well as global economic problems. The subject matters of articles includes macroeconomic, fiscal, monetary, industrial, social, regulation and competition policyand more. The journal also publishes theoretical papers in such areas as political economy, general economic theory, welfare economics, law and economics,and institutional economics.. The character and the scope of economic problems studied in many publications require a multidisciplinary approach, consistent with the editorial policy of the journal. While the thematic scope of articles is generally related to Russia, the aim of editorial policy is to cover politico-economic processes in the modern world and international economic relations, as well. In addition, Ekonomicheskaya Politika publishes Russian translations of classical and significant modern works of foreign economists.
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