COVID-19 and People's Health-Wealth Preferences – Dr. Nina Weber скачать в хорошем качестве

COVID-19 and People's Health-Wealth Preferences – Dr. Nina Weber

COVID-19 and People's Health-Wealth Preferences : Information Effect and Policy Implications When Are Lockdowns Worth It? People's Valuations over Lives Saved and the COVID-19 Health-Wealth Trade-Off Dr. Nina Weber King’s College London https://www.unibw.de/socialbridges/weber Policy makers responding to COVID-19 need to know what value to place on a life saved because loosening and tightening lockdowns create health-wealth trade-offs. Given the unique nature of COVID-19, off-the-shelf valuations may not be appropriate. Our survey experiment in UK and US (N=4,618) finds citizens' current valuation of life saved is a factor of 3-10 times greater than these more usual figures. Such high valuations cannot be ignored because they correlate with lockdown compliance. We draw a further policy implication of caution in relaxing lockdowns because our information treatment effects suggest these valuations will change as income losses accumulate.