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Risk attitudes and human mobility during the COVID-19 pandemic

DOI zum Zitieren der Version auf EPub Bayreuth: https://doi.org/10.15495/EPub_UBT_00005609
URN to cite this document: urn:nbn:de:bvb:703-epub-5609-3

Title data

Chan, Ho Fai ; Skali, Ahmed ; Savage, David A. ; Stadelmann, David ; Torgler, Benno:
Risk attitudes and human mobility during the COVID-19 pandemic.
In: Scientific Reports. Vol. 10 (16 November 2020) . - No. 19931.
ISSN 2045-2322
DOI der Verlagsversion: https://doi.org/10.1038/s41598-020-76763-2

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Abstract

Behavioural responses to pandemics are less shaped by actual mortality or hospitalisation risks than they are by risk attitudes. We explore human mobility patterns as a measure of behavioural responses during the COVID-19 pandemic. Our results indicate that risk-taking attitudes are a critical factor in predicting reductions in human mobility and social confinement around the globe. We find that the sharp decline in mobility after the WHO (World Health Organization) declared COVID-19 to be a pandemic can be attributed to risk attitudes. Our results suggest that regions with risk-averse attitudes are more likely to adjust their behavioural activity in response to the declaration of a pandemic even before official government lockdowns. Further understanding of the basis of responses to epidemics, e.g., precautionary behaviour, will help improve the containment of the spread of the virus.

Further data

Item Type: Article in a journal
DDC Subjects: 300 Social sciences > 330 Economics
Institutions of the University: Faculties > Faculty of Law, Business and Economics > Department of Economics > Professor Economics with a focus on development economics > Professor Economics with a focus on development economics - Univ.-Prof. Dr. David Stadelmann
Faculties
Faculties > Faculty of Law, Business and Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics
Faculties > Faculty of Law, Business and Economics > Department of Economics > Professor Economics with a focus on development economics
Language: English
Originates at UBT: Yes
URN: urn:nbn:de:bvb:703-epub-5609-3
Date Deposited: 26 May 2021 07:36
Last Modified: 26 May 2021 07:36
URI: https://epub.uni-bayreuth.de/id/eprint/5609

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