COVID-19. Scenarios of a Superfluous Crisis
Forthcoming in Kybernetes, DOI: 10.1108/K-05-2020-0280
13 Pages Posted: 31 Mar 2020 Last revised: 14 Jul 2020
Date Written: March 30, 2020
Abstract
Case fatality rates (CFR) have been critical in the emergence and management of the current COVID-19 crisis. This article presents a comparative map of CFR for the coronavirus (SARS-CoV-2) and influenza (H1N1 and H2N2). The mapped data shows that current CFR of SARS-CoV-2 are considerably lower than, or similar to those, of hospitalized patients in the UK, Spain, Germany, or international samples. We therefore infer a possible risk that the virulence of the coronavirus is considerably overestimated due to sampling biases, and that increased testing might reduce the general CFR of SARS-CoV-2 to rates similar to, or lower than, those of the common seasonal influenza. We conclude that governments, health corporations, and health researchers must prepare for scenarios in which the affected populations cease to believe in the statistical foundations of the current COVID-19 crisis and interventions.
Keywords: COVID-19, coronavirus, influenza, case fatality rates, scenarios
JEL Classification: I10, M00
Suggested Citation: Suggested Citation