• Media type: Report; E-Book
  • Title: Risk Aversion and COVID-19 Vaccine Hesitancy
  • Contributor: Lepinteur, Anthony [Author]; Borga, Liyousew G. [Author]; Clark, Andrew E. [Author]; Vögele, Claus [Author]; D'Ambrosio, Conchita [Author]
  • imprint: Bonn: Institute of Labor Economics (IZA), 2023
  • Language: English
  • Keywords: risk aversion ; COVID-19 ; I12 ; D81 ; vaccine hesitancy
  • Origination:
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  • Description: We here investigate the role of risk aversion in COVID-19 vaccine hesitancy. The theoretical effect is ambiguous, as both COVID-19 infection and vaccination side-effects involve probabilistic elements. In large-scale data covering five European countries, we find that vaccine hesitancy falls with risk aversion, so that COVID-19 infection is perceived as involving greater risk than is vaccination.
  • Access State: Open Access