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Achieving Energy Transition Goals with New Economic Modeling

Researchers from the University of Oxford’s Oxford Smith School and the Institute for New Economic Thinking have outlined the difficulties faced by policymakers using traditional economic modeling in the public and private sectors in a featured comment publication for Nature Energy.

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Is lockdown an effective response to a pandemic? Economic models search for an answer

Is lockdown an effective response to a pandemic? Economic models search for an answer
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New yorkUnited statesComplexity economics programmeDoyne farmerNew york cityNature human

Epidemic-Economic Model Unveils Crucial Insights for Pandemic Policy Making

Is lockdown an effective response to a pandemic, or would it be better to let individuals spontaneously reduce their risk of infection? Research published this week suggests these two highly-debated options lead to similar outcomes.A ground-breaking

New yorkUnited statesBaja californiaMarco pangalloOxford complexity economics programmeUniversity of zaragozaInstitute of new economicSanta fe instituteNortheastern university boston portlandInstitute turinIndiana university school of public health bloomingtonOxford martin schoolComplexity economics programmeDoyne farmerNature human behaviourDeputy director

Epidemic-economic model provides answers to key pandemic policy questions

Epidemic-economic model provides answers to key pandemic policy questions
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New yorkUnited statesBaja californiaMarco pangalloInstitute turinComplexity economics programmeInstitute of new economicUniversity of zaragozaOxford martin schoolIndiana university school of public health bloomingtonNortheastern university boston portlandSanta fe instituteOxford complexity economics programmeDoyne farmerNature human behaviourDeputy director

Epidemic-economic model provides answers to k

Is lockdown an effective response to a pandemic, or would it be better to let individuals spontaneously reduce their risk of infection?  <a href="https://www.nature.com/articles/s41562-023-01747-x">Research</a> published today suggests these two highly-debated options lead to similar outcomes.  A ground-breaking economic-pandemic model, created by an international team of researchers, addresses some of the key policy debates of the Covid-19 pandemic but it will, in future, enable governments and policymakers to take tough decisions - and assess effective actions.    The modelling, designed by the team, including Oxford experts, has been tested using data from New York city responses to Covid-19 - and it accurately predicted both death rates and the impact on the city's economy of the first wave of the pandemic. 

New yorkUnited statesMarco pangalloInstitute of new economicOxford martin schoolOxford complexity economics programmeComplexity economics programmeUniversity of oxfordMethod of researchNew economic thinkingDoyne farmerNature human behaviourDeputy director