The EDC theme embraces economic behaviors under the risk of large disruptive (regime changing) shocks, including climate tipping points, eco-system breakdown, pandemic shocks, and disruptive technological or political changes.
The hallmark of the research undertaken under the auspices of the EDC theme is that it studies the nexus of pre-shock and post-shock behaviors within a coherent framework. Pre-shock behaviors include prevention and precaution, for example, through the build-up of adaptive capacity, while post-shock behaviors include adaptation and the potential to choose different (and more sustainable/resilient) pathways of recovery. Studies typically involve modeling and empirical applications. For more information on topics and methods used see the section themes and models below.
YSSP 2025 at the EF program
The Young Scientists Summer Program (YSSP) at IIASA provides a great opportunity for early career scientist to progress in their research under the guidance of IIASA researchers. The application period for the summer 2025 is open with October 16th 2024. More information on opportunities in the Economic Frontiers program.
Selected Publications
Buratto, A., Muttoni, M., Wrzaczek, S., & Freiberger, M. (2022). Should the COVID-19 lockdown be relaxed or intensified in case a vaccine becomes available? PLoS ONE 17 (9) e0273557. 10.1371/journal.pone.0273557.
Freiberger, M., Grass, D., Kuhn, M., Seidl, A., & Wrzaczek, S. (2022). Chasing up and locking down the virus: Optimal pandemic interventions within a network. Journal of Public Economic Theory 24 (5) 1182-1217. 10.1111/jpet.12604.
Feichtinger, G., Lambertini, L., Leitmann, G., & Wrzaczek, S. (2022). Managing the tragedy of commons and polluting emissions: a unified view. European Journal of Operational Research 303 (1) 487-499. 10.1016/j.ejor.2022.02.034.
Caulkins, J.P., Grass, D., Feichtinger, G., Hartl, R.F., Kort, P.M., Prskawetz, A., Seidl, A., & Wrzaczek, S. (2021). The optimal lockdown intensity for COVID-19. Journal of Mathematical Economics 93 e102489. 10.1016/j.jmateco.2021.102489.
Models, tools, datasets
Projects
News
05 September 2022