Using Pandemic Behavior to Test the External Validity of Laboratory Measurements of Risk Aversion and Guilt

We test whether laboratory measures of individual preferences for risk and guilt relate to risk-connected behaviors in a pandemic, such as socializing, dining in at restaurants, and hand washing. We utilize a survey administrated to a nationally representative subject pool in the United States in Ap...

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Detalles Bibliográficos
Autores principales: Collier, Trevor, Cotten, Stephen, Roush, Justin
Formato: Online Artículo Texto
Lenguaje:English
Publicado: Published by Elsevier Inc. 2022
Materias:
Article
Acceso en línea:https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9458551/
https://www.ncbi.nlm.nih.gov/pubmed/36101558
http://dx.doi.org/10.1016/j.socec.2022.101938
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author Collier, Trevor
Cotten, Stephen
Roush, Justin
author_facet Collier, Trevor
Cotten, Stephen
Roush, Justin
author_sort Collier, Trevor
collection PubMed
description We test whether laboratory measures of individual preferences for risk and guilt relate to risk-connected behaviors in a pandemic, such as socializing, dining in at restaurants, and hand washing. We utilize a survey administrated to a nationally representative subject pool in the United States in April, 2020 - the month following the declaration of a national state of emergency in response to the global outbreak of COVID-19. We find that higher levels of risk aversion are associated with risk-reducing behaviors during the COVID-19 pandemic. Meanwhile, we do not find strong evidence that guilt relates to the same behavior.
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spelling pubmed-94585512022-09-09 Using Pandemic Behavior to Test the External Validity of Laboratory Measurements of Risk Aversion and Guilt Collier, Trevor Cotten, Stephen Roush, Justin J Behav Exp Econ Article We test whether laboratory measures of individual preferences for risk and guilt relate to risk-connected behaviors in a pandemic, such as socializing, dining in at restaurants, and hand washing. We utilize a survey administrated to a nationally representative subject pool in the United States in April, 2020 - the month following the declaration of a national state of emergency in response to the global outbreak of COVID-19. We find that higher levels of risk aversion are associated with risk-reducing behaviors during the COVID-19 pandemic. Meanwhile, we do not find strong evidence that guilt relates to the same behavior. Published by Elsevier Inc. 2022-09-09 /pmc/articles/PMC9458551/ /pubmed/36101558 http://dx.doi.org/10.1016/j.socec.2022.101938 Text en © 2022 Published by Elsevier Inc. 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
Collier, Trevor
Cotten, Stephen
Roush, Justin
Using Pandemic Behavior to Test the External Validity of Laboratory Measurements of Risk Aversion and Guilt
title Using Pandemic Behavior to Test the External Validity of Laboratory Measurements of Risk Aversion and Guilt
title_full Using Pandemic Behavior to Test the External Validity of Laboratory Measurements of Risk Aversion and Guilt
title_fullStr Using Pandemic Behavior to Test the External Validity of Laboratory Measurements of Risk Aversion and Guilt
title_full_unstemmed Using Pandemic Behavior to Test the External Validity of Laboratory Measurements of Risk Aversion and Guilt
title_short Using Pandemic Behavior to Test the External Validity of Laboratory Measurements of Risk Aversion and Guilt
title_sort using pandemic behavior to test the external validity of laboratory measurements of risk aversion and guilt
topic Article
url https://www.ncbi.nlm.nih.gov/pmc/articles/PMC9458551/
https://www.ncbi.nlm.nih.gov/pubmed/36101558
http://dx.doi.org/10.1016/j.socec.2022.101938
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