On SARS Type Economic Effects During Infectious Disease Outbreaks
Infectious disease outbreaks can exact a high human and economic cost through illness and death. But, as with severe acute respiratory syndrome (SARS) in East Asia in 2003, or the plague outbreak in Surat, India, in 1994, they can also create sever...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2008/01/8921763/sars-type-economic-effects-during-infectious-disease-outbreaks http://hdl.handle.net/10986/6440 |
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okr-10986-6440 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
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Digital Repositories |
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World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCIDENT ACUTE RESPIRATORY SYNDROME AGGRESSIVE AIDS EPIDEMIC AIDS PREVALENCE AVAILABILITY OF INFORMATION AVIAN INFLUENZA BEHAVIOR CHANGE BULLETIN BURDEN OF DISEASE CHOLERA CITIZENS CLINICAL DIAGNOSES COMMUNITY HEALTH COMPLICATIONS CONDOM CONDOM USE CONDOMS DEATHS DEMAND FOR CONDOMS DEMAND FOR VACCINES DEVELOPING COUNTRIES DEVELOPMENT ASSISTANCE DEVELOPMENT POLICY DIAGNOSES DISABILITY DISASTER DISEASE DISEASE OUTBREAK DISEASE OUTBREAKS DISEASE PREVALENCE DISEASE PREVENTION DISEASE REPORTING DISEASE SURVEILLANCE DOCTORS DRUGS DYING ECONOMIC GROWTH EFFECTIVE POLICIES EMERGING INFLUENZA PANDEMIC ENVIRONMENTAL PROTECTION EPIDEMIC EPIDEMIC DISEASE EPIDEMICS EPIDEMIOLOGY ETHICAL CONSIDERATIONS EXTREME EVENTS FAMILIES FATALITIES FATALITY FLOW OF INFORMATION GAY MEN GLOBAL BURDEN GLOBAL DEVELOPMENT GLOBAL DEVELOPMENT FINANCE HAZARD HEALTH AUTHORITIES HEALTH CARE HEALTH CARE PROFESSIONALS HEALTH OFFICIALS HEALTH POLICIES HEALTH POLICY HEALTH REGULATIONS HEALTH RESEARCH HEALTH SURVEILLANCE HEALTH SYSTEM HEALTH SYSTEMS HEALTHY LIFE HIGH FEVER HIV HOSPITAL HOSPITALS HUMAN CAPITAL HUMAN HEALTH ILLNESS IMMUNIZATION INDIVIDUAL CHOICES INDIVIDUAL NEEDS INFECTION INFECTION RATE INFECTIONS INFECTIOUS DISEASE INFECTIOUS DISEASES INFLUENZA INFLUENZA ACTIVITY INFLUENZA PANDEMIC INFLUENZA PANDEMICS INFLUENZA VIRUS INTERNATIONAL AGENCY INTERNATIONAL ASSISTANCE INTERNATIONAL POLICY INTERVENTION JOURNAL OF EPIDEMIOLOGY JOURNALISTS LABOR FORCE LAM LIFE EXPECTANCY MALARIA MEASLES MEDICAL ASSISTANCE MEDICAL CARE MEDICAL SCHOOLS MEDICAL SERVICES MEDICAL TREATMENT MILITARY MEDICINE MINISTRY OF HEALTH MORBIDITY MORBIDITY AND MORTALITY MORTALITY MORTALITY RISK MUMPS NEW INFECTIONS NUMBER OF NEW INFECTIONS NURSING OLD DISEASES OUTBREAK CONTROL PACIFIC REGION PANDEMIC INFLUENZA PATIENT PATIENTS PHARMACIES PHYSICIAN PHYSICIANS PLAGUE PNEUMONIA POLICY BRIEF POLICY IMPLICATIONS POLICY LEVEL POLICY MAKERS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLIO POLITICAL OPPOSITION POLITICAL SUPPORT POOR HEALTH POSTERS PREMATURE DEATH PREVALENCE PREVENTION STRATEGIES PREVENTIVE ACTION PREVENTIVE ACTIONS PREVENTIVE HEALTH CARE PROGRESS PROPHYLAXIS PSYCHOLOGY PUBLIC HEALTH PUBLIC HEALTH AUTHORITIES PUBLIC HEALTH POLICY PUBLIC HEALTH PROBLEM PUBLIC INFORMATION PUBLIC OPINION PUBLIC PERCEPTIONS PUBLIC POLICY RADIO RESEARCH INSTITUTIONS RESEARCH PROGRAM RESPECT RESTAURANTS RISK FACTORS RISK OF INFECTION RUBELLA SANCTIONS SEXUAL ACTIVITY SEXUAL BEHAVIOR SEXUAL PARTNERS SEXUAL PRACTICES SEXUALLY TRANSMITTED DISEASES SMALLPOX SOUTH AMERICA SPECIALISTS SYMPTOMS TECHNICAL ASSISTANCE TRANSPORTATION TV VACCINATION VACCINATION PROGRAM VACCINE VACCINES WORK FORCE WORKERS WORLD HEALTH ORGANIZATION |
| spellingShingle |
ACCIDENT ACUTE RESPIRATORY SYNDROME AGGRESSIVE AIDS EPIDEMIC AIDS PREVALENCE AVAILABILITY OF INFORMATION AVIAN INFLUENZA BEHAVIOR CHANGE BULLETIN BURDEN OF DISEASE CHOLERA CITIZENS CLINICAL DIAGNOSES COMMUNITY HEALTH COMPLICATIONS CONDOM CONDOM USE CONDOMS DEATHS DEMAND FOR CONDOMS DEMAND FOR VACCINES DEVELOPING COUNTRIES DEVELOPMENT ASSISTANCE DEVELOPMENT POLICY DIAGNOSES DISABILITY DISASTER DISEASE DISEASE OUTBREAK DISEASE OUTBREAKS DISEASE PREVALENCE DISEASE PREVENTION DISEASE REPORTING DISEASE SURVEILLANCE DOCTORS DRUGS DYING ECONOMIC GROWTH EFFECTIVE POLICIES EMERGING INFLUENZA PANDEMIC ENVIRONMENTAL PROTECTION EPIDEMIC EPIDEMIC DISEASE EPIDEMICS EPIDEMIOLOGY ETHICAL CONSIDERATIONS EXTREME EVENTS FAMILIES FATALITIES FATALITY FLOW OF INFORMATION GAY MEN GLOBAL BURDEN GLOBAL DEVELOPMENT GLOBAL DEVELOPMENT FINANCE HAZARD HEALTH AUTHORITIES HEALTH CARE HEALTH CARE PROFESSIONALS HEALTH OFFICIALS HEALTH POLICIES HEALTH POLICY HEALTH REGULATIONS HEALTH RESEARCH HEALTH SURVEILLANCE HEALTH SYSTEM HEALTH SYSTEMS HEALTHY LIFE HIGH FEVER HIV HOSPITAL HOSPITALS HUMAN CAPITAL HUMAN HEALTH ILLNESS IMMUNIZATION INDIVIDUAL CHOICES INDIVIDUAL NEEDS INFECTION INFECTION RATE INFECTIONS INFECTIOUS DISEASE INFECTIOUS DISEASES INFLUENZA INFLUENZA ACTIVITY INFLUENZA PANDEMIC INFLUENZA PANDEMICS INFLUENZA VIRUS INTERNATIONAL AGENCY INTERNATIONAL ASSISTANCE INTERNATIONAL POLICY INTERVENTION JOURNAL OF EPIDEMIOLOGY JOURNALISTS LABOR FORCE LAM LIFE EXPECTANCY MALARIA MEASLES MEDICAL ASSISTANCE MEDICAL CARE MEDICAL SCHOOLS MEDICAL SERVICES MEDICAL TREATMENT MILITARY MEDICINE MINISTRY OF HEALTH MORBIDITY MORBIDITY AND MORTALITY MORTALITY MORTALITY RISK MUMPS NEW INFECTIONS NUMBER OF NEW INFECTIONS NURSING OLD DISEASES OUTBREAK CONTROL PACIFIC REGION PANDEMIC INFLUENZA PATIENT PATIENTS PHARMACIES PHYSICIAN PHYSICIANS PLAGUE PNEUMONIA POLICY BRIEF POLICY IMPLICATIONS POLICY LEVEL POLICY MAKERS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLIO POLITICAL OPPOSITION POLITICAL SUPPORT POOR HEALTH POSTERS PREMATURE DEATH PREVALENCE PREVENTION STRATEGIES PREVENTIVE ACTION PREVENTIVE ACTIONS PREVENTIVE HEALTH CARE PROGRESS PROPHYLAXIS PSYCHOLOGY PUBLIC HEALTH PUBLIC HEALTH AUTHORITIES PUBLIC HEALTH POLICY PUBLIC HEALTH PROBLEM PUBLIC INFORMATION PUBLIC OPINION PUBLIC PERCEPTIONS PUBLIC POLICY RADIO RESEARCH INSTITUTIONS RESEARCH PROGRAM RESPECT RESTAURANTS RISK FACTORS RISK OF INFECTION RUBELLA SANCTIONS SEXUAL ACTIVITY SEXUAL BEHAVIOR SEXUAL PARTNERS SEXUAL PRACTICES SEXUALLY TRANSMITTED DISEASES SMALLPOX SOUTH AMERICA SPECIALISTS SYMPTOMS TECHNICAL ASSISTANCE TRANSPORTATION TV VACCINATION VACCINATION PROGRAM VACCINE VACCINES WORK FORCE WORKERS WORLD HEALTH ORGANIZATION Brahmbhatt, Milan Dutta, Arindam On SARS Type Economic Effects During Infectious Disease Outbreaks |
| geographic_facet |
East Asia and Pacific |
| relation |
Policy Research Working Paper; No. 4466 |
| description |
Infectious disease outbreaks can exact a
high human and economic cost through illness and death.
But, as with severe acute respiratory syndrome (SARS) in
East Asia in 2003, or the plague outbreak in Surat, India,
in 1994, they can also create severe economic disruptions
even when there is, ultimately, relatively little illness or
death. Such disruptions are commonly the result of
uncoordinated and panicky efforts by individuals to avoid
becoming infected, of preventive activity. This paper places
these "SARS type" effects in the context of
research on economic epidemiology, in which behavioral
responses to disease risk have both economic and
epidemiological consequences. The paper looks in particular
at how people form subjective probability judgments about
disease risk. Public opinion surveys during the SARS
outbreak provide suggestive evidence that people did indeed
at times hold excessively high perceptions of the risk of
becoming infected, or, if infected, of dying from the
disease. The paper discusses research in behavioral
economics and the theory of information cascades that may
shed light on the origin of such biases. The authors
consider whether public information strategies can help
reduce unwarranted panic. A preliminary question is why
governments often seem to have strong incentives to conceal
information about infectious disease outbreaks. The paper
reviews recent game-theoretic analysis that clarifies
government incentives. An important finding is that
government incentives to conceal decline the more numerous
are non-official sources of information about a possible
disease outbreak. The findings suggest that honesty may
indeed be the best public policy under modern conditions of
easy mass global communications. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Brahmbhatt, Milan Dutta, Arindam |
| author_facet |
Brahmbhatt, Milan Dutta, Arindam |
| author_sort |
Brahmbhatt, Milan |
| title |
On SARS Type Economic Effects During Infectious Disease Outbreaks |
| title_short |
On SARS Type Economic Effects During Infectious Disease Outbreaks |
| title_full |
On SARS Type Economic Effects During Infectious Disease Outbreaks |
| title_fullStr |
On SARS Type Economic Effects During Infectious Disease Outbreaks |
| title_full_unstemmed |
On SARS Type Economic Effects During Infectious Disease Outbreaks |
| title_sort |
on sars type economic effects during infectious disease outbreaks |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2008/01/8921763/sars-type-economic-effects-during-infectious-disease-outbreaks http://hdl.handle.net/10986/6440 |
| _version_ |
1764400118695460864 |
| spelling |
okr-10986-64402021-04-23T14:02:30Z On SARS Type Economic Effects During Infectious Disease Outbreaks Brahmbhatt, Milan Dutta, Arindam ACCIDENT ACUTE RESPIRATORY SYNDROME AGGRESSIVE AIDS EPIDEMIC AIDS PREVALENCE AVAILABILITY OF INFORMATION AVIAN INFLUENZA BEHAVIOR CHANGE BULLETIN BURDEN OF DISEASE CHOLERA CITIZENS CLINICAL DIAGNOSES COMMUNITY HEALTH COMPLICATIONS CONDOM CONDOM USE CONDOMS DEATHS DEMAND FOR CONDOMS DEMAND FOR VACCINES DEVELOPING COUNTRIES DEVELOPMENT ASSISTANCE DEVELOPMENT POLICY DIAGNOSES DISABILITY DISASTER DISEASE DISEASE OUTBREAK DISEASE OUTBREAKS DISEASE PREVALENCE DISEASE PREVENTION DISEASE REPORTING DISEASE SURVEILLANCE DOCTORS DRUGS DYING ECONOMIC GROWTH EFFECTIVE POLICIES EMERGING INFLUENZA PANDEMIC ENVIRONMENTAL PROTECTION EPIDEMIC EPIDEMIC DISEASE EPIDEMICS EPIDEMIOLOGY ETHICAL CONSIDERATIONS EXTREME EVENTS FAMILIES FATALITIES FATALITY FLOW OF INFORMATION GAY MEN GLOBAL BURDEN GLOBAL DEVELOPMENT GLOBAL DEVELOPMENT FINANCE HAZARD HEALTH AUTHORITIES HEALTH CARE HEALTH CARE PROFESSIONALS HEALTH OFFICIALS HEALTH POLICIES HEALTH POLICY HEALTH REGULATIONS HEALTH RESEARCH HEALTH SURVEILLANCE HEALTH SYSTEM HEALTH SYSTEMS HEALTHY LIFE HIGH FEVER HIV HOSPITAL HOSPITALS HUMAN CAPITAL HUMAN HEALTH ILLNESS IMMUNIZATION INDIVIDUAL CHOICES INDIVIDUAL NEEDS INFECTION INFECTION RATE INFECTIONS INFECTIOUS DISEASE INFECTIOUS DISEASES INFLUENZA INFLUENZA ACTIVITY INFLUENZA PANDEMIC INFLUENZA PANDEMICS INFLUENZA VIRUS INTERNATIONAL AGENCY INTERNATIONAL ASSISTANCE INTERNATIONAL POLICY INTERVENTION JOURNAL OF EPIDEMIOLOGY JOURNALISTS LABOR FORCE LAM LIFE EXPECTANCY MALARIA MEASLES MEDICAL ASSISTANCE MEDICAL CARE MEDICAL SCHOOLS MEDICAL SERVICES MEDICAL TREATMENT MILITARY MEDICINE MINISTRY OF HEALTH MORBIDITY MORBIDITY AND MORTALITY MORTALITY MORTALITY RISK MUMPS NEW INFECTIONS NUMBER OF NEW INFECTIONS NURSING OLD DISEASES OUTBREAK CONTROL PACIFIC REGION PANDEMIC INFLUENZA PATIENT PATIENTS PHARMACIES PHYSICIAN PHYSICIANS PLAGUE PNEUMONIA POLICY BRIEF POLICY IMPLICATIONS POLICY LEVEL POLICY MAKERS POLICY RESEARCH POLICY RESEARCH WORKING PAPER POLIO POLITICAL OPPOSITION POLITICAL SUPPORT POOR HEALTH POSTERS PREMATURE DEATH PREVALENCE PREVENTION STRATEGIES PREVENTIVE ACTION PREVENTIVE ACTIONS PREVENTIVE HEALTH CARE PROGRESS PROPHYLAXIS PSYCHOLOGY PUBLIC HEALTH PUBLIC HEALTH AUTHORITIES PUBLIC HEALTH POLICY PUBLIC HEALTH PROBLEM PUBLIC INFORMATION PUBLIC OPINION PUBLIC PERCEPTIONS PUBLIC POLICY RADIO RESEARCH INSTITUTIONS RESEARCH PROGRAM RESPECT RESTAURANTS RISK FACTORS RISK OF INFECTION RUBELLA SANCTIONS SEXUAL ACTIVITY SEXUAL BEHAVIOR SEXUAL PARTNERS SEXUAL PRACTICES SEXUALLY TRANSMITTED DISEASES SMALLPOX SOUTH AMERICA SPECIALISTS SYMPTOMS TECHNICAL ASSISTANCE TRANSPORTATION TV VACCINATION VACCINATION PROGRAM VACCINE VACCINES WORK FORCE WORKERS WORLD HEALTH ORGANIZATION Infectious disease outbreaks can exact a high human and economic cost through illness and death. But, as with severe acute respiratory syndrome (SARS) in East Asia in 2003, or the plague outbreak in Surat, India, in 1994, they can also create severe economic disruptions even when there is, ultimately, relatively little illness or death. Such disruptions are commonly the result of uncoordinated and panicky efforts by individuals to avoid becoming infected, of preventive activity. This paper places these "SARS type" effects in the context of research on economic epidemiology, in which behavioral responses to disease risk have both economic and epidemiological consequences. The paper looks in particular at how people form subjective probability judgments about disease risk. Public opinion surveys during the SARS outbreak provide suggestive evidence that people did indeed at times hold excessively high perceptions of the risk of becoming infected, or, if infected, of dying from the disease. The paper discusses research in behavioral economics and the theory of information cascades that may shed light on the origin of such biases. The authors consider whether public information strategies can help reduce unwarranted panic. A preliminary question is why governments often seem to have strong incentives to conceal information about infectious disease outbreaks. The paper reviews recent game-theoretic analysis that clarifies government incentives. An important finding is that government incentives to conceal decline the more numerous are non-official sources of information about a possible disease outbreak. The findings suggest that honesty may indeed be the best public policy under modern conditions of easy mass global communications. 2012-05-25T18:01:12Z 2012-05-25T18:01:12Z 2008-01 http://documents.worldbank.org/curated/en/2008/01/8921763/sars-type-economic-effects-during-infectious-disease-outbreaks http://hdl.handle.net/10986/6440 English Policy Research Working Paper; No. 4466 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research East Asia and Pacific |