The state will give away millions of dollars to vaccinated people and full scholarships to vaccinated children through special lotteries.
But will those incentives work?
In theory, yes, a survey shows. In a Kaiser Family Foundation poll, 47% of people who say they want to “wait and see” before being vaccinated said paid time off to get it would make them more likely to do so, and 39% said a financial incentive of $200 from their employer would work.
The lottery is designed as a “regret lottery,” which is more popular than the more common type, said George Loewenstein, professor of economics and psychology at Carnegie Mellon University and co-director of its Center for Behavioral Decision Research.
Participants don’t decide to join, they are simply included in the drawing. If they win, but don’t meet the qualification — being vaccinated, in this case — they often have regrets.