Working Paper: NBER ID: w29075
Authors: Joshua S. Gans
Abstract: Vaccine hesitancy is modelled as an endogenous decision within a behavioural SIR model with endogenous agent activity. It is shown that policy interventions that directly target costs associated with vaccine adoption may counter vaccine hesitancy while those that manipulate the utility of unvaccinated agents will either lead to the same or lower rates of vaccine adoption. This latter effect arises with vaccine passports whose effects are mitigated in equilibrium by reductions in viral/disease prevalence that themselves reduce the demand for vaccination.
Keywords: No keywords provided
JEL Codes: I12; I18
Edges that are evidenced by causal inference methods are in orange, and the rest are in light blue.
| Cause | Effect |
|---|---|
| policy interventions targeting costs associated with vaccine adoption (H51) | vaccine adoption (I12) |
| manipulating the utility of unvaccinated agents (C92) | vaccine adoption (I12) |
| vaccine adoption (I12) | disease prevalence (I12) |
| disease prevalence (I12) | demand for vaccination (J20) |