Preferences and utility theory are the essential building blocks of explaining the behavioral decision-making of households in economic theory. Therefore,
Category: Markets
Topics about markets and how markets function.
Social Distancing as a Health Risk Management Tool
Social distancing measures propagated by health experts and belatedly by governments worldwide as a means of health risk minimizer, are yet to unfold their full impact on health risk management caused by the COVID-19. Nevertheless, social distancing poses a high risk to the economic and social life of affected communities globally. Fears of a global economic slowdown have dominated discussions amongst the public, experts of different disciplines, politicians, entrepreneurs, and others.
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