Webinar: COVID19: Risk Perceptions and Pro-social Behavior
Speaker(s)Martin Abel (Middlebury College, United States)
Date and time
July 10, 2020
16:00 - 17:00
To attend this seminar, please send an email to: email@example.comWe collect data on age-specific COVID19 case mortality rates (CMRs) and show that people systematically overestimate the risk for younger and underestimate the risk for older people. Risk perceptions are affected by heuristic-based decision making (e.g. availability heuristic). In the second part of the paper we test if "debiasing" risk perceptions changes prosocial behavior. We find mixed evidence: informing people only about their own risk does not affect charitable giving and reduces people's willingness to learn about how to protect the elderly. These negative effects are offset once we include information on the CMR of older people.