Uploaded on Jun 4, 2021
PPT on What is Peltzman Effect and its relationship with COVID-19.
What is Peltzman Effect and its relationship with COVID-19.
WHAT IS PELTZMAN EFFECT AND ITS RELATIONSHIP WITH COVID-19 INTRODUCTION According to public health experts, the rise in COVID cases is due to Peltzman Effect that says that people are more likely to engage in risky behavior when security measures are mandated. 2 Source: www.newindianexpress.com MILD INFECTIONS The vaccines available do not offer 100 per cent immunity against Covid-19. Mild infections are still possible even after getting two doses. Lowering of guard following vaccination is a concern 3 Source: www.newindianexpress.com INCREASING CASES OF HEALTH WORKERS According to the state secretary of Indian Medical Association, Dr Gopikumar P, cases rose among health workers because they had to deal with more Covid-19 patients after a lull. 4 Source: www.newindianexpress.com PROPORTIONAL CASES OF HEALTH WORKERS The cases among health workers had dipped after the vaccination started on January 16. Dr Arun N M, a physician, the proportion of health workers to the total cases had come down from 1-2 per cent to about 0.6 per cent. 5 Source: www.newindianexpress.com REASONS FOR THE SECOND WAVE While the reasons for the second wave are many, what is different this time is the decline in the usage of PPE kits, the reluctance of authorities to impose lockdowns, and avoiding sealing of houses or barricading areas reporting these cases. 6 Source: www.deccanherald.com RELEVANCE OF PELTZMAN EFFECT The Peltzman Effect is relevant today in understanding the impact and efficacy of vaccination drives. It can be used to study individuals who get a sense of security after being vaccinated may engage in riskier behaviour. 7 Source: www.newindianexpress.com PEOPLE'S PERCEPTION OF RISK Peltzman Effect has been termed after Sam Peltzman, an economist at the University of Chicago, who first described it in 1975. According to the theory, when safety measures are mandated, people's perception of risk decreases, making them take riskier decisions. 8 Source: www. nationalheraldindia.com SAFETY PERCEPTION INCREASES RISK APPETITE Peltzman postulated about mandating the use of seatbelts in automobiles, leading to more accidents. It implies that safety perception increases risk appetite. In other terms, people become more careful when they sense greater risk and less careful if they feel more protected, according to his theory. 9 Source: www. nationalheraldindia.com VACCINES ARE GIVING A SENSE OF SECURITY Similarly, in the case of COVID-19, vaccines are giving a sense of security, leading to increased risky behaviour, that is low adherence to preventive measures mask usage, social distancing and hand sanitisation. 10 Source: www. nationalheraldindia.com VACCINES NEITHER GIVE IMMEDIATE PROTECTION OR FULL PROTECTION While it is a known fact that vaccines neither give immediate protection or full protection (against infection as against death), the sense of security unfortunately starts much earlier, even before the actual injection: people wear masks with less caution, do not maintain distance as soon as they reach vaccination centres. 11 Source: www. nationalheraldindia.com
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