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Vaccination Lottery

Duk Gyoo Kim

No 9225, CESifo Working Paper Series from CESifo

Abstract: Ohio announced a Vax-a-Million Lottery in May 2021 to encourage people vaccinated. If people may avoid vaccination because (1) they worry about rare but critical side effects or (2) they want to free ride on herd immunity, the vaccination lottery may work better or worse than a lump-sum transfer to the contributors for herd immunity. I experimentally compare the effectiveness of the vaccination lottery over a lump-sum transfer. Overall, vaccination lottery works better, and it particularly incentivizes probability-weighting subjects.

Keywords: vaccination incentives; lottery; Covid-19; laboratory experiments (search for similar items in EconPapers)
Date: 2021
New Economics Papers: this item is included in nep-exp and nep-isf
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Journal Article: Vaccination lottery (2021) Downloads
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