May, 2021

Expert failure and pandemics

On adapting to life with pandemics
  • Jon Murphy

    PhD Fellow
  • Roger Koppl

    Professor of Finance, Syracuse University
  • Abigail Devereaux

  • Nathan Goodman

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In a pandemic, citizens and policy makers must rely on expert opinion. What are the institutional arrangements that allow for the best advice to come forward? Using the framework established by Koppl (2018) on expert failure, we analyze the COVID-19 pandemic to see where missteps in expertise occurred and suggest institutional arrangements to improve expert advice in future pandemics.