{"title":"COVID-19 Information, Demand and Willingness to Pay for Protective Gear in the UK","authors":"Sonia Oreffice, C. Quintana‐Domeque","doi":"10.1177/23210222211045979","DOIUrl":null,"url":null,"abstract":"In the first month of the UK first lockdown, we studied the demand and willingness to pay (WTP) for hand sanitizer gel, disposable face masks and disposable gloves, and how information on tested people and coronavirus deaths explains the demand and WTP for these products. The specific hypotheses to test and concrete questions to study were pre-registered in AsPredicted (#38962) on 10 April 2020, and an online survey was launched in Prolific on a sample of the UK general population representative by age, sex and ethnicity on 11 April 2020. We find that there is a demand for these products, estimate the average WTP for them, and show that the provision of information affected the demand (and WTP) for disposable face masks. Providing information on the numbers of coronavirus cumulative tested people and coronavirus cumulative deaths increases the stated demand for disposable face masks by about 8 percentage points [95% CI: 0.8, 15.1] and 11 percentage points [95% CI: 3.7, 18.2], respectively. JEL Classifications: C99, D12, I12, I18","PeriodicalId":37410,"journal":{"name":"Studies in Microeconomics","volume":null,"pages":null},"PeriodicalIF":0.0000,"publicationDate":"2021-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"4","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Studies in Microeconomics","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1177/23210222211045979","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
引用次数: 4
Abstract
In the first month of the UK first lockdown, we studied the demand and willingness to pay (WTP) for hand sanitizer gel, disposable face masks and disposable gloves, and how information on tested people and coronavirus deaths explains the demand and WTP for these products. The specific hypotheses to test and concrete questions to study were pre-registered in AsPredicted (#38962) on 10 April 2020, and an online survey was launched in Prolific on a sample of the UK general population representative by age, sex and ethnicity on 11 April 2020. We find that there is a demand for these products, estimate the average WTP for them, and show that the provision of information affected the demand (and WTP) for disposable face masks. Providing information on the numbers of coronavirus cumulative tested people and coronavirus cumulative deaths increases the stated demand for disposable face masks by about 8 percentage points [95% CI: 0.8, 15.1] and 11 percentage points [95% CI: 3.7, 18.2], respectively. JEL Classifications: C99, D12, I12, I18
Studies in MicroeconomicsEconomics, Econometrics and Finance-Economics, Econometrics and Finance (all)
CiteScore
1.40
自引率
0.00%
发文量
14
期刊介绍:
Studies in Microeconomics seeks high quality theoretical as well as applied (or empirical) research in all areas of microeconomics (broadly defined to include other avenues of decision science such as psychology, political science and organizational behavior). In particular, we encourage submissions in new areas of Microeconomics such as in the fields of Experimental economics and Behavioral Economics. All manuscripts will be subjected to a peer-review process. The intended audience of the journal are professional economists and young researchers with an interest and expertise in microeconomics and above. In addition to full-length articles MIC is interested in publishing and promoting shorter refereed articles (letters and notes) that are pertinent to the specialist in the field of Microeconomics (broadly defined). MIC will periodically publish special issues with themes of particular interest, including articles solicited from leading scholars as well as authoritative survey articles and meta-analysis on the themed topic. We will also publish book reviews related to microeconomics, and MIC encourages publishing articles from policy practitioners dealing with microeconomic issues that have policy relevance under the section Policy Analysis and Debate.