IDEAS home Printed from https://ideas.repec.org/p/fip/fednls/88845.html
   My bibliography  Save this paper

Are People Overconfident about Avoiding COVID-19?

Author

Listed:
  • Rawley Heimer
  • Haoyang Liu
  • Xiaohan Zhang

Abstract

More than six months into the COVID-19 outbreak, the number of new cases in the United States remains at an elevated level. One potential reason is a lack of preventative efforts either because people believe that the pandemic will be short-lived or because they underestimate their own chance of infection despite it being a public risk. To understand these possibilities, we elicit people’s perceptions of COVID-19 as a public health concern and a personal concern over the next three months to the following three years within the May administration of the Survey of Consumer Expectations (SCE). This post reports results from these survey questions.

Suggested Citation

  • Rawley Heimer & Haoyang Liu & Xiaohan Zhang, 2020. "Are People Overconfident about Avoiding COVID-19?," Liberty Street Economics 20201007, Federal Reserve Bank of New York.
  • Handle: RePEc:fip:fednls:88845
    as

    Download full text from publisher

    File URL: https://libertystreeteconomics.newyorkfed.org/2020/10/are-people-overconfident-about-avoiding-covid-19.html
    File Function: Full text
    Download Restriction: no

    More about this item

    Keywords

    COVID-19; overconfidence;

    JEL classification:

    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:fip:fednls:88845. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (). General contact details of provider: http://edirc.repec.org/data/frbnyus.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.