ArticleExperimental economics2022
Subjective beliefs and economic preferences during the COVID-19 pandemic.
Article in Experimental economics, 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 11 papers.
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Who cites it
11 citing papers in PubMed.
- Eliciting health beliefs: Difficulties and solutions.PloS one · 2026Article
- The Role of Time Preferences in Compliance With COVID-19 Preventive Behaviors in Iran: A Quasi-hyperbolic Discounting Approach.Journal of preventive medicine and public health = Yebang Uihakhoe chi · 2025Article
- Do behavioral drivers matter for healthcare decision-making during crises? A study of low-income women in El Salvador during the COVID-19 pandemic.BMC public health · 2024Article
- Decision-Making and Risk-Propensity Changes during and after the COVID-19 Pandemic Lockdown.Brain sciences · 2023Article
- Anti-social behaviour and economic decision-making: Panel experimental evidence in the wake of COVID-19.Journal of economic behavior & organization · 2023Article
- Emergency-aid for self-employed in the Covid-19 pandemic: A flash in the pan?Journal Of Economic Psychology · 2022Article
- What drives the acceptability of restrictive health policies: An experimental assessment of individual preferences for anti-COVID 19 strategies.Economic modelling · 2022Article
- Macroeconomic expectations, central bank communication, and background uncertainty: A COVID-19 laboratory experiment.Journal of economic dynamics & control · 2022Article
- On the stability of risk and time preferences amid the COVID-19 pandemic.Experimental economics · 2022Article
- Eliciting Beliefs about COVID-19 Prevalence and Mortality: Epidemiological Models Compared with The Street.Methods (San Diego, Calif.) · 2021Article
- Heterogeneity in Risk-Taking During the COVID-19 Pandemic: Evidence From the UK Lockdown.Frontiers in psychology · 2021Article
Corrections and comments
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Authors and funding
7 authors.
Funding
No grant is acknowledged in the PubMed record.
Abstract
The COVID-19 pandemic presents a remarkable opportunity to put to work all of the research that has been undertaken in past decades on the elicitation and structural estimation of subjective belief distributions as well as preferences over atemporal risk, patience, and intertemporal risk. As contributors to elements of that research in laboratories and the field, we drew together those methods and applied them to an online, incentivized experiment in the United States. We have two major findings. First, the atemporal risk premium during the COVID-19 pandemic appeared to change significantly compared to before the pandemic, consistent with theoretical results of the effect of increased background risk on foreground risk attitudes. Second, subjective beliefs about the cumulative level of deaths evolved dramatically over the period between May and November 2020, a volatile one in terms of the background evolution of the pandemic. Supplementary Information: The online version contains supplementary material available at 10.1007/s10683-021-09738-3.
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Registered trials
Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.