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Relationship between health behavior compliance and prospect theory-based risk preferences during a pandemic of COVID-19

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  • Zhou, Yan
  • Aoki, Keiko
  • Akai, Kenju

Abstract

The outbreak of COVID-19 forced people to change their lifestyles. In this study, a questionnaire was administered to 1000 Chinese residents to investigate the effects of risk preferences based on prospect theory from behavioral economics, trust in a trust game, other people's expectations, and personal attributes on the adherence to quarantine measures during a pandemic.

Suggested Citation

  • Zhou, Yan & Aoki, Keiko & Akai, Kenju, 2024. "Relationship between health behavior compliance and prospect theory-based risk preferences during a pandemic of COVID-19," China Economic Review, Elsevier, vol. 86(C).
    • Handle: RePEc:eee:chieco:v:86:y:2024:i:c:s1043951x24000701
    DOI: 10.1016/j.chieco.2024.102181
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    References listed on IDEAS

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