Economic preferences and compliance in the social stress test of the COVID-19 crisis

• 成果类型: Article
• 署名作者: Mueller, Stephan; Rau, Holger A.
• 署名单位: University of Gottingen
• 刊物名称: JOURNAL OF PUBLIC ECONOMICS
• ISSN/ISSBN: 0047-2727
• DOI: 10.1016/j.jpubeco.2020.104322
• 发表日期: 2021
• 关键词: compliance; Covid-19; experiment; preferences; Social responsibility

摘要

We analyze in a survey study whether economic preferences and pre-crisis social responsibility predict social compliance to the policy regulations. Results show that economic preferences are closely related to compliance with policies fighting the crisis. Risk tolerance negatively affects citizens' avoidance of crowds, whereas patience helps to do so and to stay home. Present-biased subjects engage in panic buying. Risk tolerance is negatively related with the fear of COVID-19 and trust positively resonates with positive media perception. Pre-crisis social responsible behavior related to fare evasion, turnout, support of vaccination is also positively related with social compliance. Our findings offer insights, which may help policy-makers and organizations to identify risk groups and regions for the allocation of scarce medical or surveillance resources, such as vaccines, masks, and law enforcement. (C) 2020 Elsevier B.V. All rights reserved.