Abstract for: Dynamic effects of COVID-19 on Human Behavior and Decision Making
This ongoing research aims to identify how COVID impacts people's demand for products in a variety of industries. The model structure that is under development captures the basic cognitive processes that people use to assess and judge the current COVID situation and translates that assessment into an indicated demand level for a given industry. The goal is to establish that the formulation can plausibly provide both theoretical and practical insights for any industry to which it is applied.