2016年1月1日
Simultaneous measurement of time and risk preferences: Stated preference discrete choice modeling analysis depending on smoking behavior
Behavioral Economics of Preferences, Choices, and Happiness
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- 開始ページ
- 27
- 終了ページ
- 48
- 記述言語
- 英語
- 掲載種別
- 論文集(書籍)内論文
- DOI
- 10.1007/978-4-431-55402-8_2
- 出版者・発行元
- Springer Japan
Measuring time and risk preferences and relating them to economic behaviors are important topics in behavioral economics. We developed a new method to simultaneously measure the rate of time preference and the coefficient of risk aversion. Analyzing the individual-level relationships between preference parameters and cigarette smoking, we conclude that current smokers are more impatient and risk-prone than non-smokers. Heavy smokers are the most impatient and risk-prone, while ex-smokers are the most patient and risk-averse. Among non-smokers, neither age-related nor gender-related differences were found. On the other hand, risk and time preferences are significantly different according to age and gender for smokers.
- ID情報
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- DOI : 10.1007/978-4-431-55402-8_2
- SCOPUS ID : 84960272731