Lecture 11: Demand for Health (Part 1) | Summary and Q&A

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April 5, 2023
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Lecture 11: Demand for Health (Part 1)

TL;DR

Understanding the reasons behind the low uptake of preventive healthcare and vaccination can be attributed to present bias, lack of information, and social norms.

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Questions & Answers

Q: Why do people tend to prefer curative medicine over preventive care?

One possible explanation is present bias, where people prioritize immediate needs over long-term benefits. Additionally, lack of information and trust in preventive care could contribute to this preference.

Q: How does lack of information impact the uptake of preventive health measures?

Without proper information, people may not fully understand the benefits of preventive care. This can lead to low motivation and indifference towards vaccination and other preventive measures.

Q: How can influential figures promote preventive health behaviors?

Influential individuals can use their social standing to endorse and encourage preventive health behaviors. People are more likely to adopt these behaviors when they see respected individuals taking part in them.

Q: What are some strategies to increase the uptake of preventive healthcare?

Providing incentives like small rewards, using influential figures to promote behavior change, and implementing signaling mechanisms like badges or bracelets can all help increase the uptake of preventive healthcare.

Summary & Key Takeaways

  • People tend to prefer curative medicine over preventive care like vaccinations, even when the costs are low and the benefits are high.

  • Lack of information and trust in the healthcare system can contribute to the low uptake of preventive measures.

  • Social norms and influential figures play a vital role in promoting preventive health behaviors.

  • Strategies like providing incentives, using influential individuals, and signaling can help increase the uptake of preventive healthcare.

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