Risk aversion and COVID-19 vaccine hesitancy

[en] We here investigate the role of risk aversion in COVID-19 vaccine hesitancy. The theoretical effect is ambiguous, as both COVID-19 infection and vaccination side-effects involve probabilistic elements. In large-scale data covering five European countries, we find that vaccine hesitancy falls with risk aversion, so that COVID-19 infection is perceived as involving greater risk than is vaccination.

Disciplines :

Human health sciences: Multidisciplinary, general & others

Author, co-author :

LEPINTEUR, Anthony ; University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Behavioural and Cognitive Sciences (DBCS)

BORGA, Liyousew ; University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Behavioural and Cognitive Sciences (DBCS) ; LIH and University of Luxembourg

Clark, Andrew; Paris School of Economics - CNRS and University of Luxembourg

Vögele, Claus ; University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Behavioural and Cognitive Sciences (DBCS)

d'Ambrosio, Conchita ; University of Luxembourg > Faculty of Humanities, Education and Social Sciences (FHSE) > Department of Behavioural and Cognitive Sciences (DBCS)

External co-authors :

yes

Language :

English

Title :

Risk aversion and COVID-19 vaccine hesitancy

Publication date :

2023

Journal title :

Health Economics

ISSN :

1057-9230

eISSN :

1099-1050

Publisher :

Wiley, Hoboken, United States - New Jersey

Volume :

Pages :

1659-1669

Peer reviewed :

Peer Reviewed verified by ORBi

FnR Project :

FNR14840950 - Covid-19, Mental Health, Resilience And Self-regulation, 2020 (01/06/2020-31/03/2021) - Claus Vögele

Available on ORBilu :

since 10 May 2023

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