Monetary incentives increase COVID-19 vaccinations
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Monetary incentives increase COVID-19 vaccinations. / Campos-Mercade, Pol; Meier, Armando N.; Schneider, Florian H.; Meier, Stephan; Pope, Devin; Wengström, Erik.
In: Science, Vol. 374, No. 6569, 12.11.2021, p. 879-882.Research output: Contribution to journal › Journal article › Research › peer-review
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TY - JOUR
T1 - Monetary incentives increase COVID-19 vaccinations
AU - Campos-Mercade, Pol
AU - Meier, Armando N.
AU - Schneider, Florian H.
AU - Meier, Stephan
AU - Pope, Devin
AU - Wengström, Erik
N1 - Funding Information: The work was supported by Danish National Research Foundation grant DNRF134 (P.C.-M.), Swiss National Science Foundation grant PZ00P1_201956 (A.N.M.), Swiss National Science Foundation grant 100018_185176 (F.H.S.), the Chazen Institute for Global Business at Columbia Business School (S.M.), Columbia Business School (S.M.), the Booth School of Business at the University of Chicago (D.P.), and Riksbankens Jubileumsfond (E.W.). Publisher Copyright: Copyright © 2021 The Authors, some rights reserved; exclusive licensee American Association for the Advancement of Science. No claim to original U.S. Government Works. Distributed under a Creative Commons Attribution License 4.0 (CC BY).
PY - 2021/11/12
Y1 - 2021/11/12
N2 - The stalling of COVID-19 vaccination rates threatens public health. To increase vaccination rates, governments across the world are considering the use of monetary incentives. Here we present evidence about the effect of guaranteed payments on COVID-19 vaccination uptake. We ran a large preregistered randomized controlled trial (with 8286 participants) in Sweden and linked the data to population-wide administrative vaccination records. We found that modest monetary payments of 24 US dollars (200 Swedish kronor) increased vaccination rates by 4.2 percentage points (P = 0.005), from a baseline rate of 71.6%. By contrast, behavioral nudges increased stated intentions to become vaccinated but had only small and not statistically significant impacts on vaccination rates. The results highlight the potential of modest monetary incentives to raise vaccination rates.
AB - The stalling of COVID-19 vaccination rates threatens public health. To increase vaccination rates, governments across the world are considering the use of monetary incentives. Here we present evidence about the effect of guaranteed payments on COVID-19 vaccination uptake. We ran a large preregistered randomized controlled trial (with 8286 participants) in Sweden and linked the data to population-wide administrative vaccination records. We found that modest monetary payments of 24 US dollars (200 Swedish kronor) increased vaccination rates by 4.2 percentage points (P = 0.005), from a baseline rate of 71.6%. By contrast, behavioral nudges increased stated intentions to become vaccinated but had only small and not statistically significant impacts on vaccination rates. The results highlight the potential of modest monetary incentives to raise vaccination rates.
UR - http://www.scopus.com/inward/record.url?scp=85117991238&partnerID=8YFLogxK
U2 - 10.1126/science.abm0475
DO - 10.1126/science.abm0475
M3 - Journal article
C2 - 34618594
AN - SCOPUS:85117991238
VL - 374
SP - 879
EP - 882
JO - Science
JF - Science
SN - 0036-8075
IS - 6569
ER -
ID: 374862633