The explanation for seemingly irrational COVID behavior | Curio
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The explanation for seemingly irrational COVID behavior

5 mins | Sep 22, 2021
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Tyler Cowen believes economics can reveal all. At its most basic, intertemporal substitution is "the shifting an action or event to a more appropriate or advantageous time." An economic example is people shopping more at places that have sales. Here, the American economist argues that this simple concept can also help us understand people’s decisions about vaccinations or mask-wearing.
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