Journal
JOURNAL OF BEHAVIORAL AND EXPERIMENTAL ECONOMICS
Volume 54, Issue -, Pages 1-9Publisher
ELSEVIER SCIENCE INC
DOI: 10.1016/j.socec.2014.10.003
Keywords
Health economics; Experimental economics; Time preferences; Risk preferences
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We present new results on the relationship between health behaviors and experimental measures of time and risk preferences. In contrast to recent findings in the economics literature, we find no evidence of a link between time preference and self-reported health behaviors and outcomes such as smoking and BMI. We also introduce evidence that internal locus of control a psychological construct that refers to the tendency to attribute to oneself control over outcomes explains significant variation in health behaviors, in models that also include traditional measures of risk and time preference. (C) 2014 Elsevier Inc. All rights reserved.
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