Tag Archives: Economics

COVID “Super-Spreader” Events are Ridiculously Expensive

How the Sturgis Motorcycle Rally generated over $12 billion in public health costs: “There are some really good estimates out there that suggest that between 10% and 20% of cases are responsible for about 80% of transmission events,” said Maria Van Kerkhove, technical lead for the World Health Organization’s Health Emergencies Program, at a press conference.Continue reading “COVID “Super-Spreader” Events are Ridiculously Expensive”

Major life decision ahead? Flipping a coin might help. Literally.

Staring down a major life decision, the uncertainty can be paralyzing. There’s a lot of advice out there about how to go about the decision-making. You can make a pros and cons list, consult friends and spiritual advisors, make insanely complex predictive models, or you could flip a coin. Social psychologists and economists will tellContinue reading “Major life decision ahead? Flipping a coin might help. Literally.”