Pandemic Emotions: The Good, the Bad, and the Unconscious — Implications for Public Health, Financial Economics, Law, and Leadership

72 Pages Posted: 15 Apr 2020 Last revised: 22 Jun 2020

See all articles by Peter H. Huang

Peter H. Huang

University of Colorado Law School

Date Written: June 12, 2020

Abstract

The central theme of this Article is pandemics lead to emotions that can be good, bad, and unconscious. Emotions or their lack during pandemics and societal responses to pandemics have implications for public health, financial economics, law, and leadership. This Article offers an interdisciplinary analysis of these implications. Crises produce emotions that impact decision-making. Pandemics are heart-breaking global biopsychosocial health crises. COVID-19 caused massive tragic economic, emotional, mental, physical, and psychological suffering. These difficulties are interconnected and lead to a vicious cycle. Fear distorts people’s decision readiness, deliberation, information acquisition, risk perception, and thinking. Distortions cause people to make unfortunate eating, financial, health, political, and sleeping decisions, causing additional fears. Emotions have direct health impacts and indirect behavior impacts with their own health impacts. People differ vastly in whether, how much, and when they experience anxiety, complacency, and panic during pandemics. Most feel some anxiety initially, then panic upon seeing empty store shelves in person and on social media, and finally develop a sense of complacency upon settling into the routine of a new normal. This Article advocates addressing COVID-19 by:

(1) paying monthly COVID-19 Pandemic Financial Assistance Dividends,
(2) encouraging people to practice mindfulness, and
(3) gentle enforcement of Non-Pharmaceutical Interventions.

Keywords: Emotions, gentle enforcement, mindfulness, pandemic financial assistance dividends

JEL Classification: I1, I12, I18, H12, K32

Suggested Citation

Huang, Peter H., Pandemic Emotions: The Good, the Bad, and the Unconscious — Implications for Public Health, Financial Economics, Law, and Leadership (June 12, 2020). U of Colorado Law Legal Studies Research Paper No. 20-14, Available at SSRN: https://ssrn.com/abstract=3575101 or http://dx.doi.org/10.2139/ssrn.3575101

Peter H. Huang (Contact Author)

University of Colorado Law School ( email )

Colorado Law
401 UCB
Boulder, CO 80309
United States
303 492-4563 (Phone)
303-492-1200 (Fax)

HOME PAGE: http://lawweb.colorado.edu/profiles/profile.jsp?id=456

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