Motivated beliefs and the elderly's compliance with Covid-19 measures

Ferdinand von Siemens

No 299, SAFE Working Paper Series from Leibniz Institute for Financial Research SAFE

Abstract: 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.

Keywords: motivated beliefs; compliance behavior; age; health; COVID-19 (search for similar items in EconPapers)
JEL-codes: C70 D82 D91 I12 I18 (search for similar items in EconPapers)
Date: 2021
New Economics Papers: this item is included in nep-age and nep-hea
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https://www.econstor.eu/bitstream/10419/228783/1/1745647368.pdf (application/pdf)

Related works:
Working Paper: Motivated Beliefs and the Elderly's Compliance With Covid-19 Measures (2021)
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Persistent link: https://EconPapers.repec.org/RePEc:zbw:safewp:299

DOI: 10.2139/ssrn.3770589

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