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Economic Preferences Predict Covid-19 Vaccination Intentions and Behavior

Author

Listed:
  • Silvia Angerer
  • Helena Antonie Baier
  • Daniela Glätzle-Rützler
  • Philipp Lergetporer
  • Thomas Rittmannsberger

Abstract

This study investigates the relationship between economic preferences and COVID-19 vaccination readiness using two representative samples of the German population (N > 5,000). We elicited altruism, patience, risk-taking and trust using validated survey questions. We find robust, positive relationships between vaccination readiness and both patience and trust. The positive association between altruism and vaccination readiness vanishes when controlling for the other preference dimensions. No consistent effect emerges for risk-taking. Our results underscore the importance of accounting for the interrelated nature of economic preferences when analyzing their impact on field behavior.

Suggested Citation

  • Silvia Angerer & Helena Antonie Baier & Daniela Glätzle-Rützler & Philipp Lergetporer & Thomas Rittmannsberger, 2024. "Economic Preferences Predict Covid-19 Vaccination Intentions and Behavior," CESifo Working Paper Series 11566, CESifo.
    • Handle: RePEc:ces:ceswps:_11566
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    File URL: https://www.cesifo.org/DocDL/cesifo1_wp11566.pdf
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    More about this item

    Keywords

    economic preferences; vaccination; Covid-19;
    All these keywords.

    JEL classification:

    • C93 - Mathematical and Quantitative Methods - - Design of Experiments - - - Field Experiments
    • D90 - Microeconomics - - Micro-Based Behavioral Economics - - - General
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior

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