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Will Americans Get Vaccinated? Predicting COVID-19 Vaccine Uptake Rates Under Contingent Scenarios
William F Vásquez1, Jennifer M Trudeau2
1Department of Economics, Fairfield University, Fairfield, CT, USA.
Vaccine uptake for COVID-19 vaccines increases with higher effectiveness and zero cost. Personal concern and income influence vaccination decisions, but incentivizing the unconcerned is key for herd immunity.
Area of Science:
- Public Health
- Health Economics
- Behavioral Science
Background:
- Vaccines are critical for mitigating public health and economic crises during pandemics.
- Understanding vaccination intentions is crucial for designing effective immunization campaigns.
Purpose of the Study:
- To predict COVID-19 vaccine uptake rates based on vaccine specifications.
- To identify personal characteristics influencing individual responsiveness to vaccine attributes.
Main Methods:
- An online survey was developed with contingent vaccine specifications (effectiveness, risks, immunity duration, cost).
- Population-averaged logit models were used to estimate uptake rates, accounting for respondent heterogeneity and interactions.
Main Results:
- Highest uptake (62%) predicted for vaccines with 80-90% effectiveness, minimal side effects, and zero cost.
- Uptake decreased with lower effectiveness (e.g., 50% for 50-60% effectiveness).
- Vaccine effectiveness response was moderated by self-reported concern; uptake decreased with cost, moderated by income.
Conclusions:
- Zero-cost vaccines motivate many but may not achieve herd immunity alone.
- Incentivizing participation among the unconcerned (43%) is necessary to prevent further pandemic spread.
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