ECONOMIC AND BEHAVIORAL FACTORS IN AN INDIVIDUALfS DECISION TO GET AN INFLUENZA VACCINATION IN JAPAN
AbstractThis paper investigates how people decide to take influenza vaccination in Japan. Using a large-scale survey, we found that people decide rationally, considering the costs and benefits of vaccination. Specifically, people take into account the probability of infection, severity of the disease, and effectiveness and side effects of vaccination, discounting the future benefits of the vaccination and being affected by risk aversion. In addition, we found that behavioral variables such as altruism and overconfidence are also important. Our survey suggests that dissemination of information on the effectiveness of vaccination may raise the vaccination rate, while information on the probability of infection may have the opposite effect.
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Bibliographic InfoPaper provided by Osaka University, Graduate School of Economics and Osaka School of International Public Policy (OSIPP) in its series Discussion Papers in Economics and Business with number 10-23.
Length: 29 pages
Date of creation: Aug 2010
Date of revision:
influenza; inoculation; survey; time preference; Japan;
Find related papers by JEL classification:
- I19 - Health, Education, and Welfare - - Health - - - Other
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- Brito, Dagobert L. & Sheshinski, Eytan & Intriligator, Michael D., 1991. "Externalities and compulsary vaccinations," Journal of Public Economics, Elsevier, Elsevier, vol. 45(1), pages 69-90, June.
- Tsutsui, Yoshiro & Benzion, Uri & Shahrabani, Shosh & Din, Gregory Yom, 2010. "A policy to promote influenza vaccination: A behavioral economic approach," Health Policy, Elsevier, Elsevier, vol. 97(2-3), pages 238-249, October.
- Shosh Shahrabani & Uri Benzion & Gregory Yom Din, 2009. "Factors affecting nurses’ decision to get the flu vaccine," The European Journal of Health Economics, Springer, Springer, vol. 10(2), pages 227-231, May.
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