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The 70th lecture on cutting-edge high-end economics at Liaoning University:Why Get Vaccinated? Experimental Evidence on Prosocial Motives

Time: 2024-11-07 14:35:45  Author:  Click: times

Speaker: Jun Hyung Kim, Assistant Professor (Korea Advanced Institute of Science and Technology (KAIST))

Moderator: Assistant Professor Xu Rui (China Institute for Economic Studies, Liaoning University)

Guest Introduction: Assistant Professor Yang Zhe (China Institute for Economic Studies, Liaoning University)

Date: Friday, November 15, 2024, 14:45-16:15 (Beijing Time)

Location: Meeting Room 401, Administrative Building, Puhe Campus, Liaoning University

Online Address: Tencent Meeting ID: 358-6417-4104

Language: English

Abstract:
Why do people get vaccinated, and how can we promote vaccination? We conduct a field experiment in a large developing country during the COVID-19 pandemic to promote vaccination and confirm vaccine uptake over the following 12 months. Using gain-loss framing, we present subjects with information on the benefits of vaccination for protecting others' health. For both vaccination intentions and actual vaccine uptake, we observe a positive impact from the information treatment. The effects on stated intentions are significantly greater when messages emphasize "loss" in prosocial motivation due to non-vaccination. We interpret these findings in a theoretical model and calibrate the prosocial loss aversion parameter, which aligns with private loss aversion estimates in the literature.

Speaker Biography:
Jun Hyung Kim is an Assistant Professor of Economics at the School of Digital Humanities and Computational Social Sciences at the Korea Advanced Institute of Science and Technology (KAIST), where he has been since fall 2023. Born in South Korea, he completed his BA in Economics at UC Berkeley and obtained his PhD in Economics from the University of Chicago in 2019 under the supervision of Professor James J. Heckman. In 2019, he joined the Institute for Economic and Social Research at Jinan University in Guangzhou, China. His research focuses on labor market economics, human capital development, family, and education. In 2022, he received the Research Fund for International Young Scientists from the National Natural Science Foundation of China. Jun Hyung Kim is also a member of the Human Capital and Economic Opportunity Global Working Group, the Global Labor Organization, and the Institute of Labor Economics (IZA). His research interests include labor economics, with a focus on parenting, childcare, fertility, and human capital development. He has published 10 articles and one book chapter in leading academic journals, including the Journal of Labor Economics and the Journal of Marketing Research.

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