A Note on Smoking Behavior and Health Risk Taking
DOI:
https://doi.org/10.5617/njhe.195Keywords:
cigarettes, health, risk aversion, smokingAbstract
This research note presents two economic frameworks to describe the relationship between individual health risk aversion and smoking behavior. Using a large-scale representative data set (GSOEP), direct empirical evidence is found that individuals, who are more health risk taking, are more likely to be smokers and have a higher demand for cigarettes smoked per day. Non-linear specifications of risk taking reveal, however, that the risk effects are only significant for high risk takers. The estimated effects hold also separately for men and women.
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2012-07-01
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