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Trade-Offs between Vaccine Effectiveness and Vaccine Safety: Personal versus Policy Decisions.

Publication ,  Journal Article
Ozdemir, S; Ng, S; Huynh, VA; Mühlbacher, A; Tan, HK; Finkelstein, EA
Published in: Pharmacoecon Open
November 2023

OBJECTIVE: We aimed to investigate whether individuals' trade-offs between vaccine effectiveness and vaccine safety vary if they are asked to consider the perspective of a policymaker making decisions for others compared with the decisions they would make for themselves. METHOD: A web-enabled discrete choice experiment survey was administered between 1 April and 1 May 2022 to participants recruited from the general population of two Southeast Asian countries (Indonesia and Vietnam). In each country, 500 participants were randomly assigned to make decisions regarding coronavirus disease 2019 (COVID-19) vaccines for others as a policymaker or in a personal capacity for their own use. Vaccines were characterized by three attributes: (1) effectiveness of the vaccine in reducing infection rate; (2) effectiveness of the vaccine in reducing hospitalization among those infected; and (3) risk of death from vaccine-related serious adverse events. A mixed logit model was utilized for analyses. RESULTS: Based on the attributes and levels used in this study, the most important vaccine attribute was the risk of death from vaccine-related adverse events, followed by effectiveness in reducing infection rate and hospitalizations. Compared with personal decisions, the mean probability of choosing a vaccine was (1) lower, and (2) more sensitive to the changes in risk of death from adverse events in policy decisions (p ≤ 0.01). CONCLUSIONS AND RELEVANCE: Our results suggest that, in the face of an infectious disease pandemic, individuals are likely to be more risk-averse to vaccine-related deaths when making decisions for others as a policymaker than they would for themselves.

Duke Scholars

Published In

Pharmacoecon Open

DOI

EISSN

2509-4254

Publication Date

November 2023

Volume

7

Issue

6

Start / End Page

915 / 926

Location

Switzerland

Related Subject Headings

  • 4203 Health services and systems
  • 3801 Applied economics
  • 3214 Pharmacology and pharmaceutical sciences
 

Citation

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Chicago
ICMJE
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Ozdemir, S., Ng, S., Huynh, V. A., Mühlbacher, A., Tan, H. K., & Finkelstein, E. A. (2023). Trade-Offs between Vaccine Effectiveness and Vaccine Safety: Personal versus Policy Decisions. Pharmacoecon Open, 7(6), 915–926. https://doi.org/10.1007/s41669-023-00442-x
Ozdemir, Semra, Sean Ng, Vinh Anh Huynh, Axel Mühlbacher, Hiang Khoon Tan, and Eric Andrew Finkelstein. “Trade-Offs between Vaccine Effectiveness and Vaccine Safety: Personal versus Policy Decisions.Pharmacoecon Open 7, no. 6 (November 2023): 915–26. https://doi.org/10.1007/s41669-023-00442-x.
Ozdemir S, Ng S, Huynh VA, Mühlbacher A, Tan HK, Finkelstein EA. Trade-Offs between Vaccine Effectiveness and Vaccine Safety: Personal versus Policy Decisions. Pharmacoecon Open. 2023 Nov;7(6):915–26.
Ozdemir, Semra, et al. “Trade-Offs between Vaccine Effectiveness and Vaccine Safety: Personal versus Policy Decisions.Pharmacoecon Open, vol. 7, no. 6, Nov. 2023, pp. 915–26. Pubmed, doi:10.1007/s41669-023-00442-x.
Ozdemir S, Ng S, Huynh VA, Mühlbacher A, Tan HK, Finkelstein EA. Trade-Offs between Vaccine Effectiveness and Vaccine Safety: Personal versus Policy Decisions. Pharmacoecon Open. 2023 Nov;7(6):915–926.
Journal cover image

Published In

Pharmacoecon Open

DOI

EISSN

2509-4254

Publication Date

November 2023

Volume

7

Issue

6

Start / End Page

915 / 926

Location

Switzerland

Related Subject Headings

  • 4203 Health services and systems
  • 3801 Applied economics
  • 3214 Pharmacology and pharmaceutical sciences