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Abstract:
Understanding the behavioral response dynamics to risks is important for informed policy-making at times of crises. Here we elucidate two response channels to Covid-19 risk and show that they weakened over time, prior to the availability of vaccines. We employ fixed-effects panel regression models to empirically assess the relationship between actual Covid-19 risk (daily case numbers), the perceived risk (attention paid to the pandemic via related Google search requests) and the resulting behavioral response (personal mobility choices) over two pandemic phases for 113 cities in eight countries, while accounting for government interventions. Prolonged exposure to Covid-19 reduces risk perception which in turn leads to a weakened behavioral response. Attention responses and mobility reductions across all three mobility types are weaker in the second phase, given the same levels of actual and perceived risk, respectively. Our results provide evidence that the risk response attenuates over time with implications for other crises evolving over long timescales.
