How the onset of the Covid-19 pandemic impacted pro-social behaviour and individual preferences: Experimental evidence from China.

How the onset of the Covid-19 pandemic impacted pro-social behaviour and individual preferences: Experimental evidence from China.
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Covid-19 大流行的爆发如何影响亲社会行为和个人偏好:来自中国的实验证据。

DOI:
10.1016/j.jebo.2021.08.001
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发表时间:
2021-10
影响因子:
2.2
通讯作者:
Wei L
Wei L
中科院分区:
经济学3区
文献类型:
--
作者:
Shachat J;Walker MJ;Wei L

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我们提供了实验证据,说明在中国湖北省实施严格的与 Covid-19 相关的封锁措施后的六周内,亲社会性、信任以及对风险和模糊性的态度如何演变。我们将流行前收集的基线样本中的激励经济决策与 2020 年 1 月至 3 月期间从同一人群中抽取的一系列重复横截面样本进行了比较。我们发现,在封锁结束后,利他主义、合作和厌恶风险的比率很高,而信任度却大大低于其基线水平。锁定后样本中的风险态度也有所不同,损失领域的风险承受能力下降,收益领域的风险厌恶程度降低。我们进一步发现,在一位知名举报人因 Covid-19 死亡之日前后,信任和风险规避会受到显着的短暂影响。我们的研究结果表明,公共卫生危机的爆发可能会对经济偏好产生意想不到的后果,而经济偏好决定了人们对旨在减少新型冠状病毒传播的干预措施的遵守情况。
We present experimental evidence on how pro-sociality, trust and attitudes towards risk and ambiguity evolved over the six weeks following the imposition of stringent Covid-19 related lockdown measures in the Hubei province of China. We compare incentivized economic decision-making in a baseline sample, collected pre-epidemic, with a series of repeated cross-sectional samples drawn from the same population between January and March, 2020. We find high rates of altruism, cooperation and aversion to risk taking under ambiguity in the immediate aftermath of the lockdown, while trust is significantly below its baseline level. Risk attitudes also differ in the post-lockdown sample, with decreased risk tolerance in the loss domain and lesser risk aversion in the gain domain. We further uncover significant transitory effects for trust and risk aversion around the date of a high-profile whistleblower’s death from Covid-19. Our findings suggest that the onset of a public health crisis may have unintended consequences for economic preferences that determine population compliance with interventions designed to reduce the spread of a novel coronavirus.
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