Lockdown is expen$ive! What does it buy? (1) Flatten curve at pandemic peak, (2) Delay peak hoping for vaccine (3) Delay peak for time to expand docs, beds, ventilators, tests, apps, etc. Only (1) seems cost-effective to me, but if so, deliberate exposure would also help now.
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Normalizing work-from-home, normalizing living a less spendy lifestyle, etc., allows for a reset from competitive signaling processes that aren't necessarily desirable in themselves.
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We do a lot of competitive signaling at home too.
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