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
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author Agranov, Marina
Elliott, Matt
Ortoleva, Pietro
author_facet Agranov, Marina
Elliott, Matt
Ortoleva, Pietro
author_sort Agranov, Marina
collection PubMed
description 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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spelling pubmed-82527062021-07-02 The importance of Social Norms against Strategic Effects: The case of Covid-19 vaccine uptake() Agranov, Marina Elliott, Matt Ortoleva, Pietro Econ Lett Article 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. Elsevier B.V. 2021-09 2021-07-02 /pmc/articles/PMC8252706/ /pubmed/34230727 http://dx.doi.org/10.1016/j.econlet.2021.109979 Text en © 2021 Elsevier B.V. All rights reserved. Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.
spellingShingle Article
Agranov, Marina
Elliott, Matt
Ortoleva, Pietro
The importance of Social Norms against Strategic Effects: The case of Covid-19 vaccine uptake()
title The importance of Social Norms against Strategic Effects: The case of Covid-19 vaccine uptake()
title_full The importance of Social Norms against Strategic Effects: The case of Covid-19 vaccine uptake()
title_fullStr The importance of Social Norms against Strategic Effects: The case of Covid-19 vaccine uptake()
title_full_unstemmed The importance of Social Norms against Strategic Effects: The case of Covid-19 vaccine uptake()
title_short The importance of Social Norms against Strategic Effects: The case of Covid-19 vaccine uptake()
title_sort importance of social norms against strategic effects: the case of covid-19 vaccine uptake()
topic Article
url 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
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