%0 Report
        %A Lepinteur, Anthony
%A Borga, Liyousew G.
%A Clark, Andrew E.
%A Vögele, Claus
%A D'Ambrosio, Conchita
        %T Risk Aversion and COVID-19 Vaccine Hesitancy
        %D 2023
        %8 2023 Apr
        %I Institute of Labor Economics (IZA)
        %C Bonn
        %7 IZA Discussion Paper
        %N 16084
        %U https://www.iza.org/index.php/publications/dp16084
        %X We here investigate the role of risk aversion in COVID-19 vaccine hesitancy. The theoretical effect is ambiguous, as both COVID-19 infection and vaccination side-effects involve probabilistic elements. In large-scale data covering five European countries, we find that vaccine hesitancy falls with risk aversion, so that COVID-19 infection is perceived as involving greater risk than is vaccination.

        %K risk aversion
%K COVID-19
%K vaccine hesitancy