Agranov, Marina and Elliott, Matt and Ortoleva, Pietro (2021) The importance of Social Norms against Strategic Effects: The case of Covid-19 vaccine uptake. Economics Letters, 206 . Art. No. 109979. ISSN 0165-1765. PMCID PMC8252706. doi:10.1016/j.econlet.2021.109979. https://resolver.caltech.edu/CaltechAUTHORS:20210728-211627192
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Abstract
We study how individual decisions are affected by those of other members of the society. We use the vaccine against COVID-19 as a case study and empirically estimate the magnitude of three key forces: Herding, Social Norms, and Free-riding. We find that Free-riding is dominated by the other two forces, and that Social Norms are a key driver of behavior. There is, however, substantial heterogeneity and systematic differences between people by demographics and their political preferences.
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| Additional Information: | © 2021 Elsevier B.V. Received 20 April 2021, Revised 26 June 2021, Accepted 29 June 2021, Available online 2 July 2021. This project has received funding from the Keynes Fund, and from the European Research Council (ERC) under the European Union’s Horizon 2020 research and innovation programme (grant agreement number #757229) (Elliott). We thank Jörg Kalbfuss for excellent research assistance. | |||||||||
| Group: | COVID-19 | |||||||||
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| Subject Keywords: | Free-riding; Social norms; Experiment; Vaccine | |||||||||
| PubMed Central ID: | PMC8252706 | |||||||||
| DOI: | 10.1016/j.econlet.2021.109979 | |||||||||
| Record Number: | CaltechAUTHORS:20210728-211627192 | |||||||||
| Persistent URL: | https://resolver.caltech.edu/CaltechAUTHORS:20210728-211627192 | |||||||||
| Official Citation: | Marina Agranov, Matt Elliott, Pietro Ortoleva, The importance of Social Norms against Strategic Effects: The case of Covid-19 vaccine uptake, Economics Letters, Volume 206, 2021, 109979, ISSN 0165-1765, https://doi.org/10.1016/j.econlet.2021.109979. | |||||||||
| Usage Policy: | No commercial reproduction, distribution, display or performance rights in this work are provided. | |||||||||
| ID Code: | 110056 | |||||||||
| Collection: | CaltechAUTHORS | |||||||||
| Deposited By: | Tony Diaz | |||||||||
| Deposited On: | 02 Aug 2021 19:13 | |||||||||
| Last Modified: | 02 Aug 2021 19:13 |
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