Older People are Less Pessimistic about the Health Risks of Covid-19
A central question for understanding behaviour during the Covid-19 pandemic, at both the individual and collective levels, is how people perceive the health and economic risks they face. We conducted a survey of over 1,500 Americans from May 6 – 13, 2020, to understand these risk perceptions. Here we report some preliminary results. Our most striking finding is that perceived personal health risks associated with Covid-19 fall sharply with age.
We thank Daniele d'Arienzo for excellent research assistance. Coffman thanks Harvard Business School for their financial support. Gennaioli thanks the European Research Council for financial support. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.