The importance of Social Norms against Strategic Effects: The case of Covid-19 vaccine uptake()

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 forc...

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Detalles Bibliográficos
Autores principales: Agranov, Marina, Elliott, Matt, Ortoleva, Pietro
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Elsevier B.V. 2021
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8252706/
https://www.ncbi.nlm.nih.gov/pubmed/34230727
http://dx.doi.org/10.1016/j.econlet.2021.109979
Descripción
Sumario: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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