Accidents, disasters and crises: The effect on citizen perceptions and preferences

Sotiris Georganas, Phoebe Koundouri () and Alina Velias

No 2519, DEOS Working Papers from Athens University of Economics and Business

Abstract: This paper utilises natural experiments in Greece to investigate the impact of extreme events on citizen preferences. Leveraging a nationally representative sample (n=5000+), we align multiple data collection waves with extreme events like fires, floods, and train crashes. Analysing the temporal dynamics post-events, we observe fluctuations in preferences akin to hot-cold visceral states. Our findings contribute to the literature on how major events shape individual preferences. Methodologically, we explore the effectiveness of primes in comparison to real-life events, discerning the reliability of primes as proxies for experiences. The study holds implications for policymakers, highlighting the malleability of public sentiment in shaping expectations of government interventions during and after crises, providing valuable insights for effective governance and crisis management.

Keywords: natural experiments; disasters; extreme events; shocks; preferences (search for similar items in EconPapers)
JEL-codes: A12 (search for similar items in EconPapers)
Date: 2025-01-30
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