Capturing the Interplay between Risk Perception and Social Media Posting to Support Risk Response and Decision Making

Huiyun Zhu and Kecheng Liu
Additional contact information
Huiyun Zhu: School of Management Science and Engineering, Nanjing University of Information Science & Technology, Nanjing 210044, China
Kecheng Liu: Shanghai Engineering Research Center of Finance Intelligence and Institute of Fintech, Shanghai University of Finance and Economics, Shanghai 200434, China

IJERPH, 2021, vol. 18, issue 10, 1-14

Abstract: This research aims to capture the interplay between risk perception and social media posting through a case study of COVID-19 in Wuhan to support risk response and decision making. Dividing users on Sina Weibo into the government, the media, the public, and other users, we address two main research questions: Whose posting affects risk perception and vice versa? How do different categories of social media users’ posts affect risk perception and vice versa? We use Granger causality analysis and impulse response functions to answer the research questions. The results show that from one perspective, the government and the media on Sina Weibo play critical roles in forming and affecting risk perceptions. From another perspective, risk perception promotes the posting of the media and the public on Sina Weibo. Since government’s posting and media’s posting can significantly enhance the public’s perceptions of risk issues, the government and the media must remain vigilant to provide credible risk-related information.

Keywords: risk perception; social media posting; Granger causality analysis; impulse response functions; social media (search for similar items in EconPapers)
JEL-codes: I I1 I3 Q Q5 (search for similar items in EconPapers)
Date: 2021
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/1660-4601/18/10/5220/pdf (application/pdf)
https://www.mdpi.com/1660-4601/18/10/5220/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jijerp:v:18:y:2021:i:10:p:5220-:d:554588

Access Statistics for this article

IJERPH is currently edited by Ms. Jenna Liu

More articles in IJERPH from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().