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The Importance of Social Norms Against Strategic Effects: The Case of Covid-19 Vaccine Uptake

Overview
Journal Econ Lett
Date 2021 Jul 7
PMID 34230727
Citations 36
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Abstract

We study how individual decisions are affected by those of other members of the society. We use the vaccine against COVID-19 as a case study and empirically estimate the magnitude of three key forces: Herding, Social Norms, and Free-riding. We find that Free-riding is dominated by the other two forces, and that Social Norms are a key driver of behavior. There is, however, substantial heterogeneity and systematic differences between people by demographics and their political preferences.

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