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Parental risk preferences and children's vaccination coverage
Flavia Coda Moscarola1, Sarah Zaccagni2
1Department of Law, Political, Social and Economic Sciences, University of Eastern Piedmont, Via Cavour, 84, 15121, Alessandria, Italy.
Summary
Parental risk aversion and altruism positively influence children's vaccination rates, especially in countries with strict policies. Income levels remain the primary driver of vaccination coverage globally.
Area of Science:
- Behavioral Economics
- Public Health
- Health Economics
Background:
- Vaccine hesitancy poses a significant public health challenge.
- Understanding parental decision-making is crucial for improving vaccination coverage.
- Behavioral economics offers a novel lens to analyze these decisions.
Purpose of the Study:
- To examine the impact of parental risk preferences, altruism, and vaccine distrust on children's vaccination rates.
- To develop and empirically test a model of parental investment in child health.
- To analyze how these factors interact with national vaccination policies.
Main Methods:
- Developed a theoretical model of parental health investment.
- Utilized macro-level data from the Global Preferences Survey (GPS), WHO, UNICEF, and World Bank.
- Employed a fractional response probit model to analyze data from 69 countries.
Main Results:
- Risk aversion and altruism are positively associated with vaccination coverage.
- The influence of these factors varies with vaccination policy stringency.
- Income levels explain the majority of cross-country differences in vaccination coverage.
Conclusions:
- Parental risk aversion is key in stringent policy environments, while altruism and trust matter more in less strict ones.
- Further research with individual-level data is recommended.
- Low-income countries exhibit notably lower vaccination coverage.
Keywords:
ChildrenHealthParentsRisk aversionRisk preferencesVaccination attitudeVaccination hesitancyVaccinationsMore Related Videos
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