@article{ref1,
title="Risk compensation after COVID-19 vaccination: evidence from vaccine rollout by exact birth date in South Korea",
journal="Health economics",
year="2024",
author="Hwang, Jisoo and Hwang, Seung-Sik and Kim, Hyuncheol Bryant and Lee, Jungmin and Lee, Junseok",
volume="ePub",
number="ePub",
pages="ePub-ePub",
abstract="We utilize the phased rollout of COVID-19 vaccines by exact birth date in South Korea as a natural experiment for testing risk compensation. People may resume face-to-face social activities following vaccination because they perceive lower risk of infection. Applying a regression discontinuity design based on birth date cutoffs for vaccine eligibility, we find no evidence of risk-compensating behaviors, as measured by large, high-frequency data from credit card and airline companies as well as survey data. We find some evidence of self-selection into vaccine take-up based on perception toward vaccine effectiveness and side effects, but the treatment effects do not differ between compliers and never-takers.<p /> <p>Language: en</p>",
language="en",
issn="1057-9230",
doi="10.1002/hec.4837",
url="http://dx.doi.org/10.1002/hec.4837"
}