Preferences after pan(dem)ics: Time and risk in the shadow of COVID-19

IF 16.4 1区化学 Q1 CHEMISTRY, MULTIDISCIPLINARY

Accounts of Chemical Research Pub Date : 2022-07-01 DOI:10.1017/s1930297500008925

Xavier Gassmann, Antoine Malézieux, E. Spiegelman, Jean-Christian Tisserand

引用次数: 11

Abstract

This paper uses the COVID-19 health crisis to study how individual preferences respond to generalized traumatic events. We review previous literature on natural and man-made disasters. Using incentive-compatible tasks, we simultaneously estimate risk and ambiguity aversion, time discounting, present bias, and prudence parameters before, during, and after the COVID-19 lockdown in France. We find patience, risk aversion, and ambiguity aversion fell during lockdown, then gradually returned toward their initial levels 4 months later. These results have implications for health and economic policies, and deepen our understanding of the responses – and resilience – of economic preferences to traumatic events.

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pan（dem）ics之后的偏好：新冠肺炎阴影下的时间和风险

本文利用COVID-19健康危机来研究个体偏好如何对广泛性创伤事件做出反应。我们回顾了以前关于自然灾害和人为灾害的文献。使用激励相容任务，我们同时估计了在法国COVID-19封锁之前、期间和之后的风险和模糊性规避、时间贴现、当前偏差和审慎参数。我们发现，耐心、风险厌恶和模糊厌恶在封锁期间有所下降，然后在4个月后逐渐恢复到初始水平。这些结果对健康和经济政策具有启示意义，并加深了我们对经济偏好对创伤性事件的反应和恢复力的理解。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Accounts of Chemical Research 化学-化学综合

CiteScore

31.40

自引率

1.10%

发文量

312

审稿时长

2 months

期刊介绍： Accounts of Chemical Research presents short, concise and critical articles offering easy-to-read overviews of basic research and applications in all areas of chemistry and biochemistry. These short reviews focus on research from the author’s own laboratory and are designed to teach the reader about a research project. In addition, Accounts of Chemical Research publishes commentaries that give an informed opinion on a current research problem. Special Issues online are devoted to a single topic of unusual activity and significance. Accounts of Chemical Research replaces the traditional article abstract with an article "Conspectus." These entries synopsize the research affording the reader a closer look at the content and significance of an article. Through this provision of a more detailed description of the article contents, the Conspectus enhances the article's discoverability by search engines and the exposure for the research.