Empirical Methodology

Eri Nakamura () and Fumitoshi Mizutani
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Eri Nakamura: Kobe University, Graduate School of Business Administration

Chapter 3 in Behavioral Change by Information Provision in a Pandemic, 2025, pp 15-20 from Springer

Abstract: Abstract We assume that individuals can choose between three types of activities: socially involved, information-gathering, and self-contained activities to understand the status of an emergency, with decreasing externalities from the first to the last. Consumer choice can change according to the risk stage of an emergency: (i) the early stage, where environmental uncertainty is very high and risk information is not sufficiently accumulated; (ii) the acute stage, where severe damage is observed and people are learning about the situation; and (iii) the convalescent stage, where damage lessens and risk information is relatively accumulated.

Keywords: Empirical methodology; Information provision; Risk stage; Utility maximization; Leisure activity; Information source (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1007/978-981-95-4220-8_3

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