Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/215810
Authors: 
Müller, Stephan
Rau, Holger A.
Year of Publication: 
2020
Series/Report no.: 
cege Discussion Papers 391
Abstract: 
We test in a survey the impact of economic preferences on compliance and perception during the Corona pandemic. Results show that economic preferences crucially impact citizens' compliance to policies fighting the crisis. Risk tolerance negatively a↵ects citizens' avoidance of crowds, whereas patience helps to do so and to stay home. Present-biased subjects engage in panic buying. Risk tolerance is negatively related with the Corona threat and trust positively resonates with positive media perception. Exploiting data from before the crisis allows us to infer causality and to deduce valuable insights for crisis management by identifying target groups or regions for the allocation of scare medical or surveillance resources.
Subjects: 
Compliance
Covid-19
Experiment
Preferences
Social Responsibility
JEL: 
C91
D81
H12
H41
Document Type: 
Working Paper

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