Researchers … use … feeds from a global network of students, staff and alumni to construct a “stringency index” that boils down to a single number how strictly governments in 160 countries are locking down their economies and societies to contain the spread of the virus.
Back then, lots of productive workers had their lives on the line. This time, it is just a tiny number of the already-sick and very elderly. It seems unlikely that the economy will miss their productive efforts very much. So: it seems like a very different situation.
Stock markets throughout the world started going down around the end of Feb and stopped going down around the time the strictest restrictions were introduced. Isn't that a market vote for restrictions?
I don't understand how to measure strictness if a country has no official lockdown at all but the people behave as if it does. And of course everything in between. The US has officially stricter lockdown than many places but in practice is more lenient than many others. Also how do you factor in travel restrictions. The Germans restricted travel from Italy, but there were no restrictions on travel from NYC to anywhere in the US. Do we measure by average behavior or worst unpunished outliers?
Back then, lots of productive workers had their lives on the line. This time, it is just a tiny number of the already-sick and very elderly. It seems unlikely that the economy will miss their productive efforts very much. So: it seems like a very different situation.
Stock markets throughout the world started going down around the end of Feb and stopped going down around the time the strictest restrictions were introduced. Isn't that a market vote for restrictions?
I mentioned "cell-phone based data"
I don't understand how to measure strictness if a country has no official lockdown at all but the people behave as if it does. And of course everything in between. The US has officially stricter lockdown than many places but in practice is more lenient than many others. Also how do you factor in travel restrictions. The Germans restricted travel from Italy, but there were no restrictions on travel from NYC to anywhere in the US. Do we measure by average behavior or worst unpunished outliers?
Tangential: An MIT Sloan School study whose title suggests stricter distancing tied to faster economic recovery post-1918
https://mitsloan.mit.edu/id...
But you won't get enough working users.
Might still get decent results if you do all this with pretend money
Might get decent info from a fake market if you got enough users
Yeah, fixed.
participants capable of learning something about how such decisions outcomes
Is there supposed to be a word between "decisions" and "outcomes"?