Fear of COVID-19 changes economic preferences: evidence from a repeated cross-sectional MTurk survey

The personal experience of events such as financial crises and natural disasters can alter economic preferences. We administered a repeated cross-sectional preference survey during the early stages of the COVID-19 outbreak, collecting three bi-weekly samples from participants recruited through Amazo...

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Detalles Bibliográficos
Autores principales: Alsharawy, Abdelaziz, Ball, Sheryl, Smith, Alec, Spoon, Ross
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Springer US 2021
Materias:
Original Paper
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8642764/
http://dx.doi.org/10.1007/s40881-021-00111-x
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author Alsharawy, Abdelaziz
Ball, Sheryl
Smith, Alec
Spoon, Ross
author_facet Alsharawy, Abdelaziz
Ball, Sheryl
Smith, Alec
Spoon, Ross
author_sort Alsharawy, Abdelaziz
collection PubMed
description The personal experience of events such as financial crises and natural disasters can alter economic preferences. We administered a repeated cross-sectional preference survey during the early stages of the COVID-19 outbreak, collecting three bi-weekly samples from participants recruited through Amazon Mechanical Turk. The survey elicits economic preferences, self-reported fear of the pandemic, and beliefs about economic and health consequences. Preferences varied over time and across regions, and self-reported fear of the pandemic explains this variation. These findings suggest caution about the generalizability of some types of experimental work during times of heightened fear. SUPPLEMENTARY INFORMATION: The online version contains supplementary material available at 10.1007/s40881-021-00111-x.
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spelling pubmed-86427642021-12-06 Fear of COVID-19 changes economic preferences: evidence from a repeated cross-sectional MTurk survey Alsharawy, Abdelaziz Ball, Sheryl Smith, Alec Spoon, Ross J Econ Sci Assoc Original Paper The personal experience of events such as financial crises and natural disasters can alter economic preferences. We administered a repeated cross-sectional preference survey during the early stages of the COVID-19 outbreak, collecting three bi-weekly samples from participants recruited through Amazon Mechanical Turk. The survey elicits economic preferences, self-reported fear of the pandemic, and beliefs about economic and health consequences. Preferences varied over time and across regions, and self-reported fear of the pandemic explains this variation. These findings suggest caution about the generalizability of some types of experimental work during times of heightened fear. SUPPLEMENTARY INFORMATION: The online version contains supplementary material available at 10.1007/s40881-021-00111-x. Springer US 2021-12-04 2021 /pmc/articles/PMC8642764/ http://dx.doi.org/10.1007/s40881-021-00111-x Text en © The Author(s), under exclusive licence to Economic Science Association 2021 This article is made available via the PMC Open Access Subset for unrestricted research re-use and secondary analysis in any form or by any means with acknowledgement of the original source. These permissions are granted for the duration of the World Health Organization (WHO) declaration of COVID-19 as a global pandemic.
spellingShingle Original Paper
Alsharawy, Abdelaziz
Ball, Sheryl
Smith, Alec
Spoon, Ross
Fear of COVID-19 changes economic preferences: evidence from a repeated cross-sectional MTurk survey
title Fear of COVID-19 changes economic preferences: evidence from a repeated cross-sectional MTurk survey
title_full Fear of COVID-19 changes economic preferences: evidence from a repeated cross-sectional MTurk survey
title_fullStr Fear of COVID-19 changes economic preferences: evidence from a repeated cross-sectional MTurk survey
title_full_unstemmed Fear of COVID-19 changes economic preferences: evidence from a repeated cross-sectional MTurk survey
title_short Fear of COVID-19 changes economic preferences: evidence from a repeated cross-sectional MTurk survey
title_sort fear of covid-19 changes economic preferences: evidence from a repeated cross-sectional mturk survey
topic Original Paper
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8642764/
http://dx.doi.org/10.1007/s40881-021-00111-x
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AT smithalec fearofcovid19changeseconomicpreferencesevidencefromarepeatedcrosssectionalmturksurvey
AT spoonross fearofcovid19changeseconomicpreferencesevidencefromarepeatedcrosssectionalmturksurvey

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