Motivated Beliefs and the Elderly's Compliance with COVID-19 Measures
Zusammenfassung
Although the elderly are more vulnerable to COVID-19, the empirical evidence suggests that they do not behave more cautiously in the pandemic than younger individuals. This theoretical model argues that some individuals might not comply with the COVID-19 measures to reassure themselves that they are not vulnerable, and that the incentives for such self-signaling can be stronger for the elderly. The results suggest that communication strategies emphasizing the dangers of COVID-19 could backfire and reduce compliance among the elderly.
Forschungsbereich
Law and Finance
Experiment Center
Experiment Center
Schlagworte
motivated beliefs, compliance behavior, age, health, covid-19
JEL-Klassifizierung
C70, D91, D82, I12, I18
Thema
Household Finance
Corporate Governance
Monetary Policy
Corporate Governance
Monetary Policy
Beziehungen
1
Publikationstyp
Working Paper
Link zur Publikation
Collections
- LIF-SAFE Working Papers [334]