this incentive. Pigouvian subsidies may even make things worse. Mandatory vaccination programs covering only the poor …

invest less in self-protection as measured by influenza vaccination. This result is driven by high risk individuals such as …

Traditional economic models of vaccination behavior simply assume that agents free-ride on the vaccination decisions of … conjectural variation model, to explain how a positive peer effect regarding vaccination behavior arises. We conduct two empirical … studies using Japanese data in these models. The first empirical analysis, using a data set on the vaccination behavior of …