Risk communication clarity and insurance demand: The case of the COVID-19 pandemic

被引：2

作者：

Feng, Jingbing ^{[1
]}

Xu, Xian ^{[2
]}

Zou, Hong ^{[3
]}

机构：

[1] East China Univ Sci & Technol, Sch Business, Shanghai, Peoples R China

[2] Fudan Univ, Dept Insurance & Risk Management, Shanghai, Peoples R China

[3] Univ Hong Kong, Fac Business & Econ, Hong Kong, Peoples R China

来源：

JOURNAL OF ECONOMIC DYNAMICS & CONTROL | 2023年 / 146卷

关键词：

Risk information; Information ambiguity; Risk salience; Insurance demand; COVID-19; BEHAVIOR EXPERIMENTAL-EVIDENCE; INFORMATION; AMBIGUITY; SALIENCE; UNCERTAINTY; PSYCHOLOGY; ECONOMICS; CHOICE;

D O I：

10.1016/j.jedc.2022.104562

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

We study how the clarity of COVID-19 risk communications affects COVID-19 insurance demand using proprietary prefecture-level insurance data from China. We find that when local disclosures of COVID-19 risk contain case origin information, local purchases of COVID-19 insurance and local Internet searches for COVID-19 information increase, even after controlling for newly confirmed local cases and new deaths. Our results are robust to using the disclosure clarity of a major neighboring city. The findings suggest that providing improved knowledge about risk to individuals lead them to engage in more risk management. Our evidence contributes to the debate over how risk communication affects individuals' risk-related behaviors. (C) 2022 Elsevier B.V. All rights reserved.

引用

页数：21

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