Lives or Livelihoods? Perceived Trade-offs and Policy Views
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Lives or Livelihoods? Perceived Trade-offs and Policy Views. / Settele, Sonja; Shupe, Cortnie Anne.
I: The Economic Journal, Bind 132, Nr. 643, 04.2022, s. 1150-1178.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › Forskning › fagfællebedømt
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TY - JOUR
T1 - Lives or Livelihoods? Perceived Trade-offs and Policy Views
AU - Settele, Sonja
AU - Shupe, Cortnie Anne
PY - 2022/4
Y1 - 2022/4
N2 - We study the role of perceived trade-offs between human lives and economic benefits in shaping policy views. In an online experiment with a representative sample from the US conducted during the early Covid-19 pandemic, we provide randomized information on the medium-run costs of restricting economic activity to mitigate infections. A one standard deviation lower perceived economic cost of lockdowns increases support by about twice as much as having a Covid at-risk condition, and by half as much as being a Democrat. Varying projected health benefits has a similar effect. Personal exposure to health risks reduces people's responsiveness to cost-benefit considerations.
AB - We study the role of perceived trade-offs between human lives and economic benefits in shaping policy views. In an online experiment with a representative sample from the US conducted during the early Covid-19 pandemic, we provide randomized information on the medium-run costs of restricting economic activity to mitigate infections. A one standard deviation lower perceived economic cost of lockdowns increases support by about twice as much as having a Covid at-risk condition, and by half as much as being a Democrat. Varying projected health benefits has a similar effect. Personal exposure to health risks reduces people's responsiveness to cost-benefit considerations.
U2 - 10.1093/ej/ueab077
DO - 10.1093/ej/ueab077
M3 - Journal article
VL - 132
SP - 1150
EP - 1178
JO - The Economic Journal
JF - The Economic Journal
SN - 0013-0133
IS - 643
ER -
ID: 287692685