The importance of Social Norms against Strategic Effects: The case of Covid-19 vaccine uptake.
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ABSTRACT:
SUBMITTER: Agranov M
PROVIDER: S-EPMC8252706 | biostudies-literature | 2021 Sep
REPOSITORIES: biostudies-literature
Publications
The importance of Social Norms against Strategic Effects: The case of Covid-19 vaccine uptake.
Agranov Marina M Elliott Matt M Ortoleva Pietro P
Economics letters 20210702
We study how individual decisions are affected by those of other members of the society. We use the vaccine against COVID-19 as a case study and empirically estimate the magnitude of three key forces: Herding, Social Norms, and Free-riding. We find that Free-riding is dominated by the other two forces, and that Social Norms are a key driver of behavior. There is, however, substantial heterogeneity and systematic differences between people by demographics and their political preferences. ...[more]
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