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Vaccine Hesitancy, Passports, And The Demand For Vaccination

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  • Joshua S. Gans

Abstract

Vaccine hesitancy is modeled as an endogenous decision within a behavioral epidemiological model with endogenous agent activity. It is shown that policy interventions that directly target costs associated with vaccine adoption may counter vaccine hesitancy whereas those that manipulate the utility of unvaccinated agents will either lead to the same or lower rates of vaccine adoption. This latter effect arises with vaccine passports whose effects are mitigated in equilibrium by reductions in viral/disease prevalence that themselves reduce the demand for vaccination.

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  • Joshua S. Gans, 2023. "Vaccine Hesitancy, Passports, And The Demand For Vaccination," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 64(2), pages 641-652, May.
    • Handle: RePEc:wly:iecrev:v:64:y:2023:i:2:p:641-652
    DOI: 10.1111/iere.12609
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    Cited by:

    1. Rajeev K. Goel & James R. Jones, 2022. "Managing the risk of COVID‐19 via vaccine passports: Modeling economic and policy implications," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(6), pages 2578-2586, September.
    2. Andreas Steinmayr & Manuel Rossi, 2022. "Vaccine-skeptic physicians and COVID-19 vaccination rates," Working Papers 2022-16, Faculty of Economics and Statistics, Universität Innsbruck.
    3. Christopher Avery, 2021. "A Simple Model of Social Distancing and Vaccination," NBER Working Papers 29463, National Bureau of Economic Research, Inc.
    4. Kazunobu Hayakawa, 2022. "Impacts of Vaccination on International Trade During the Pandemic Era," The Developing Economies, Institute of Developing Economies, vol. 60(4), pages 206-227, December.
    5. Louise Rawlings & Jeffrey C. L. Looi & Stephen J. Robson, 2022. "Economic Considerations in COVID‐19 Vaccine Hesitancy and Refusal: A Survey of the Literature," The Economic Record, The Economic Society of Australia, vol. 98(321), pages 214-229, June.
    6. François, Abel & Gergaud, Olivier & Noury, Abdul, 2023. "Can health passport overcome political hurdles to COVID-19 vaccination?," European Journal of Political Economy, Elsevier, vol. 80(C).
    7. Jeffrey A. Frankel & Randy Kotti, 2021. "The Virus, Vaccination, and Voting," NBER Working Papers 29186, National Bureau of Economic Research, Inc.

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    JEL classification:

    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior
    • I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health

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