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The relationship between smoking initiation and time discount factor, risk aversion and information

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  • Masayo Sato
  • Yasushi Ohkusa

Abstract

The paper is the first to discuss the relationship between smoking initiation and gender, time discount factor, risk aversion, and information about diseases due to smoking. The estimated results show that gender and time discount rate significantly affect smoking initiation but risk aversion and information do not. Since information does not discourage smoking initiation, public policies aimed at educating young people about the harmful effects of smoking may not be effective.

Suggested Citation

  • Masayo Sato & Yasushi Ohkusa, 2003. "The relationship between smoking initiation and time discount factor, risk aversion and information," Applied Economics Letters, Taylor & Francis Journals, vol. 10(5), pages 287-289, April.
    • Handle: RePEc:taf:apeclt:v:10:y:2003:i:5:p:287-289
    DOI: 10.1080/1350485032000056909
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    References listed on IDEAS

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    1. Martin Forster & Andrew M. Jones, "undated". "The role of tobacco taxes in starting and quitting smoking," Discussion Papers 00/51, Department of Economics, University of York.
    2. John A. Tauras & Frank J. Chaloupka, 1999. "Price, Clean Indoor Air, and Cigarette Smoking: Evidence from the Longitudinal Data for Young Adults," NBER Working Papers 6937, National Bureau of Economic Research, Inc.
    3. John A. Tauras & Frank J. Chaloupka, 1999. "Determinants of Smoking Cessation: An Analysis of Young Adult Men and Women," NBER Working Papers 7262, National Bureau of Economic Research, Inc.
    4. John A. Tauras, 1999. "The Transition to Smoking Cessation: Evidence from Multiple Failure Duration Analysis," NBER Working Papers 7412, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Eiji Yamamura, 2014. "Smokers’ Sexual Behavior and Their Satisfaction with Family Life," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 118(3), pages 1229-1247, September.
    2. F. G. Mixon & T. D. Pousson & T. G. Green, 2009. "Toddler economicus: childhood habit cessation in a Beckerian Model of pacifier use," Applied Economics, Taylor & Francis Journals, vol. 41(6), pages 703-713.
    3. Chung, Woojin & Lim, Seungji & Lee, Sunmi, 2010. "Factors influencing gender differences in smoking and their separate contributions: Evidence from South Korea," Social Science & Medicine, Elsevier, vol. 70(12), pages 1966-1973, June.
    4. Joan Costa-Font & Joan Rovira, 2005. "When do smokers 'underestimate' smoking related mortality risks?," Applied Economics Letters, Taylor & Francis Journals, vol. 12(13), pages 789-794.
    5. Myong‐Il Kang & Shinsuke Ikeda, 2014. "Time Discounting And Smoking Behavior: Evidence From A Panel Survey," Health Economics, John Wiley & Sons, Ltd., vol. 23(12), pages 1443-1464, December.
    6. Myong-Il Kang & Shinsuke Ikeda, 2010. "Time Discounting and Smoking Behavior under Tax Hikes," ISER Discussion Paper 0782, Institute of Social and Economic Research, Osaka University.
    7. Yamane, Shoko & Yoneda, Hiroyasu & Takahashi, Taiki & Kamijo, Yoshio & Komori, Yasuhiro & Hiruma, Fumihiko & Tsutsui, Yoshiro, 2013. "Smokers, smoking deprivation, and time discounting," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 45(C), pages 47-56.
    8. Irina Grafova, 2007. "Your Money or Your Life: Managing Health, Managing Money," Journal of Family and Economic Issues, Springer, vol. 28(2), pages 285-303, June.
    9. Yamamura, Eiji, 2014. "Time preference and perceptions about government spending and tax: Smokers’ dependence on government support," MPRA Paper 55659, University Library of Munich, Germany.

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