A behavioral economic risk aversion experiment in the context of the COVID-19 pandemic.

ABSTRACT: We investigated what degree of risk of infection with COVID-19 is necessary so that people intend to stay home, even when doing so means losing their salary. We conducted an online survey across Brazil during the initial outbreak, in which 8,345 participants answered a questionnaire designed to identify the maximum tolerated risk (k') necessary for them to disregard social distancing recommendations and guarantee their salaries. Generalized linear mixed models, path analysis structural equation, and conditional interference classification tree were performed to further understand how sociodemographic factors impact k' and to establish a predictive model for the risk behavior of leaving home during the pandemic. We found that, on average, people tolerate 38% risk of infection to leave home

SUBMITTER: Kluwe-Schiavon B 

PROVIDER: S-EPMC7815159 | biostudies-literature | 2021

REPOSITORIES: biostudies-literature