NEWS AND INSIGHTS
Chronicle of a Pandemic Foretold: Learning From the COVID-19 Failure—Before the Next Outbreak ArrivesNews
Having seen first-hand for many years how business leaders and policymakers act in crisis — or in the case of COVID-19 don’t act — Foreign Affairs quotes Eric Dezenhall. Dezenhall states that the problem is structural and what behavioral economists call “hyperbolic discounting” – opting for the short-term rewards of doing nothing over the long-term rewards of better planning.
From Foreign Affairs Magazine
covid-19, Crisis Management, Eric Dezenhall, Pandemic