TY - JOUR PY - 2008// TI - Predicting health behaviors with an experimental measure of risk preference JO - Journal of health economics A1 - Anderson, Lisa R. A1 - Mellor, Jennifer M. SP - 1260 EP - 1274 VL - 27 IS - 5 N2 - We conduct a large-scale economics experiment paired with a survey to examine the association between individual risk preference and health-related behaviors among adults aged 18-87 years. Risk preference is measured by the lottery choice experiment designed by Holt and Laury [Holt, C.A., Laury, S.K., 2002. Risk aversion and incentive effects. The American Economic Review 92(5), 1644-1655]. Controlling for subject demographic and economic characteristics, we find that risk aversion is negatively and significantly associated with cigarette smoking, heavy drinking, being overweight or obese, and seat belt non-use. In additional specifications, we find that risk aversion is negatively and significantly associated with the likelihood a subject engaged in any of five risky behaviors and the number of risky behaviors reported.

Language: en

LA - en SN - 0167-6296 UR - http://dx.doi.org/10.1016/j.jhealeco.2008.05.011 ID - ref1 ER -