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Fear of COVID-19 changes economic preferences: evidence from a repeated cross-sectional MTurk survey


ABSTRACT: The personal experience of events such as financial crises and natural disasters can alter economic preferences. We administered a repeated cross-sectional preference survey during the early stages of the COVID-19 outbreak, collecting three bi-weekly samples from participants recruited through Amazon Mechanical Turk. The survey elicits economic preferences, self-reported fear of the pandemic, and beliefs about economic and health consequences. Preferences varied over time and across regions, and self-reported fear of the pandemic explains this variation. These findings suggest caution about the generalizability of some types of experimental work during times of heightened fear.

Supplementary Information

The online version contains supplementary material available at 10.1007/s40881-021-00111-x.

SUBMITTER: Alsharawy A 

PROVIDER: S-EPMC8642764 | biostudies-literature |

REPOSITORIES: biostudies-literature

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