Arbeitspapier

Misperceived effectiveness and the demand for psychotherapy

While psychotherapy has been shown to be effective in treating depression, take-up remains low. In a sample of 1,843 depressed individuals, we document that concerns about effectiveness are top of mind when respondents consider the value of therapy. We then show that the average respondent underestimates the effectiveness of therapy and that an information treatment that corrects this misperception increases participants' incentivized willingness to pay for therapy. Information affects therapy demand by changing beliefs rather than by shifting attention. Our results suggest that information interventions that target the perceived effectiveness of therapy are a potent tool in combating the ongoing mental health crisis.

Sprache
Englisch

Erschienen in
Series: ECONtribute Discussion Paper ; No. 279

Klassifikation
Wirtschaft
Thema
Mental Health
Depression
Psychotherapy
Beliefs
Effectiveness
Information policy

Ereignis
Geistige Schöpfung
(wer)
Roth, Christopher
Schwardmann, Peter
Tripodi, Egon
Ereignis
Veröffentlichung
(wer)
University of Bonn and University of Cologne, Reinhard Selten Institute (RSI)
(wo)
Bonn and Cologne
(wann)
2024

Handle
Letzte Aktualisierung
10.03.2025, 11:45 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Roth, Christopher
  • Schwardmann, Peter
  • Tripodi, Egon
  • University of Bonn and University of Cologne, Reinhard Selten Institute (RSI)

Entstanden

  • 2024

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