Correcting COVID-19 Risk Misperceptions via Information Provision

Asako Chiba, Kazuya Haganuma, Taisuke Nakata, Thuy Linh Nguyen and Reo Takaku

No e222, Working Papers from Tokyo Center for Economic Research

Abstract: We conducted an information provision experiment in April 2023 in Japan to investigate how different types of information affect people's subjective assessment of COVID-19 risks. The majority of respondents overestimate infection and fatality risks. Recent infection-related statistics lower risk perceptions if presented as percentages, but do not affect them if presented as levels. A pessimistic narrative about the infection outlook raises risk perceptions. We also find substantial heterogeneity in the response to information provision across various individual characteristics, such as age, gender, education, marital status, health status, COVID-19-related experiences, and vaccination status.

Pages: 26 pages
Date: 2026-03
New Economics Papers: this item is included in nep-exp
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