Accurate, Focused Research on Law, Technology and Knowledge Discovery Since 2002

MIT Study – Which businesses should be open?

MIT News – “In light of Covid-19, an MIT study looks at tradeoffs between economic value and public health, across different types of retail. Banks and bookstores. Gyms and juice bars. Dental offices and department stores. The Covid-19 crisis has shuttered some kinds of businesses, while others have stayed open. But which places represent the best and worst tradeoffs, in terms of the economic benefits and health risks. A new study by MIT researchers uses a variety of data on consumer and business activity to tackle that question, measuring 26 types of businesses by both their usefulness and risk. Vital forms of commerce that are relatively uncrowded fare the best in the study; less significant types of businesses that generate crowds perform worse. The results can help inform the policy decisions of government officials during the ongoing pandemic As it happens, banks perform the best in the study, being economically significant and relatively uncrowded…”

Sorry, comments are closed for this post.