Preferences and Covid-19 Vaccination Intentions
Serge Blondel
(1, 2)
,
François Langot
(3, 4, 5, 6, 7)
,
Judith E. Mueller
(8, 9, 10)
,
Jonathan Sicsic
(2)
1
GRANEM -
Groupe de Recherche Angevin en Economie et Management
2 LIRAES (URP_ 4470) - Laboratoire Interdisciplinaire de Recherche Appliquée en Economie de la Santé
3 GAINS - Groupe d'Analyse des Itinéraires et des Niveaux Salariaux
4 IUF - Institut universitaire de France
5 PSE - Paris School of Economics
6 CEPREMAP - Centre pour la recherche économique et ses applications
7 IZA - Forschungsinstitut zur Zukunft der Arbeit - Institute of Labor Economics
8 EHESP - École des Hautes Études en Santé Publique [EHESP]
9 METIS - Département Méthodes quantitatives en santé publique
10 IP - Institut Pasteur [Paris]
2 LIRAES (URP_ 4470) - Laboratoire Interdisciplinaire de Recherche Appliquée en Economie de la Santé
3 GAINS - Groupe d'Analyse des Itinéraires et des Niveaux Salariaux
4 IUF - Institut universitaire de France
5 PSE - Paris School of Economics
6 CEPREMAP - Centre pour la recherche économique et ses applications
7 IZA - Forschungsinstitut zur Zukunft der Arbeit - Institute of Labor Economics
8 EHESP - École des Hautes Études en Santé Publique [EHESP]
9 METIS - Département Méthodes quantitatives en santé publique
10 IP - Institut Pasteur [Paris]
François Langot
- Fonction : Auteur
- PersonId : 1356941
- IdHAL : francois-langot
- ORCID : 0000-0001-7737-5319
- IdRef : 059336536
Judith E. Mueller
- Fonction : Auteur
- PersonId : 740119
- IdHAL : judith-e-mueller
- ORCID : 0000-0003-0797-9971
Résumé
This paper shows that prospect theory, extended to account for differences across individuals in their patience and their valuation of the vaccination as a common good can explain why more than 40% of the population has intent to reject the Covid-19 vaccination, as well as the differences in vaccination intentions across population subgroups. Indeed, prospect theory by over-weighting the side effect explains the reject of vaccination. This can be partially compensated by a high patience and/or a large valuation of the collective immunity. The calibrated version of our model, based on an original survey carried out on a representative sample of the adult population living in France allowing us to identify curvatures of their value function, their discount rates and their willingness to cooperate, can predict the evolution of the vaccination intentions between November 2020 an March 2021. We also show that the international differences in the vaccination intentions are closely related to the valuation of the vaccination as a common good.
Format du dépôt | Fichier |
---|---|
Type de dépôt | Pré-publication, Document de travail |
Titre |
en
Preferences and Covid-19 Vaccination Intentions
|
Résumé |
en
This paper shows that prospect theory, extended to account for differences across individuals in their patience and their valuation of the vaccination as a common good can explain why more than 40% of the population has intent to reject the Covid-19 vaccination, as well as the differences in vaccination intentions across population subgroups. Indeed, prospect theory by over-weighting the side effect explains the reject of vaccination. This can be partially compensated by a high patience and/or a large valuation of the collective immunity. The calibrated version of our model, based on an original survey carried out on a representative sample of the adult population living in France allowing us to identify curvatures of their value function, their discount rates and their willingness to cooperate, can predict the evolution of the vaccination intentions between November 2020 an March 2021. We also show that the international differences in the vaccination intentions are closely related to the valuation of the vaccination as a common good.
|
Auteur(s) |
Serge Blondel
1, 2
, François Langot
3, 4, 5, 6, 7
, Judith E. Mueller
8, 9, 10
, Jonathan Sicsic
2
1
GRANEM -
Groupe de Recherche Angevin en Economie et Management
( 190313 )
- France
2
LIRAES (URP_ 4470) -
Laboratoire Interdisciplinaire de Recherche Appliquée en Economie de la Santé
( 1004765 )
- Centre Universitaire des Saints Pères
45 rue des Saints Pères
Bureau 825-10 et 825-11
75006 Paris
- France
3
GAINS -
Groupe d'Analyse des Itinéraires et des Niveaux Salariaux
( 198500 )
- Université du Maine - Avenue Olivier Messiaen - 72085 Le Mans cedex 9
- France
4
IUF -
Institut universitaire de France
( 56663 )
- Maison des Universités 103 Boulevard Saint-Michel 75005 Paris
- France
5
PSE -
Paris School of Economics
( 301309 )
- 48 boulevard Jourdan 75014 Paris
- France
6
CEPREMAP -
Centre pour la recherche économique et ses applications
( 300479 )
- Ecole normale supérieure (ENS)
48 boulevard Jourdan, 75014 Paris
- France
7
IZA -
Forschungsinstitut zur Zukunft der Arbeit - Institute of Labor Economics
( 237214 )
- Schaumburg-Lippe-Str. 5-9 D-53113 Bonn Germany
- Allemagne
8
EHESP -
École des Hautes Études en Santé Publique [EHESP]
( 301986 )
- 15, avenue du Pr. Léon Bernard - 35043 Rennes Cedex
- France
9
METIS -
Département Méthodes quantitatives en santé publique
( 460325 )
- 15 avenue du Professeur Léon-Bernard - 35043 Rennes cedex
- France
10
IP -
Institut Pasteur [Paris]
( 300027 )
- 25-28, rue du docteur Roux, 75724 Paris cedex 15
- France
|
Langue du document |
Anglais
|
Financement |
|
Domaine(s) |
|
Mots-clés (JEL) |
|
Mots-clés |
en
behavioral economics, Covid-19, prospect theory, vaccination choice
|
Origine :
Fichiers produits par l'(les) auteur(s)
Loading...