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When do smokers 'underestimate' smoking related mortality risks?

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  • Joan Costa-Font
  • Joan Rovira

Abstract

This article examines the role of relative mortality risk perceptions in explaining smoking decision making. Some studies have provided evidence that perceptions of risks of smoking are overestimated. However, estimates tend to be sensitive to the estimate it is compared to. Using the same representative survey for Spain, as in other studies, this article finds that though relative mortality risk perceptions explain the decision to smoke and perceived life expectancy loss associated with smoking in Spain was not underestimated, smokers' mortality risk perceptions seem to underestimate the risks.

Suggested Citation

  • 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.
    • Handle: RePEc:taf:apeclt:v:12:y:2005:i:13:p:789-794
    DOI: 10.1080/13504850500190279
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    References listed on IDEAS

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    1. Chee-Ruey Hsieh, 1998. "Health risk and the decision to quit smoking," Applied Economics, Taylor & Francis Journals, vol. 30(6), pages 795-804.
    2. Hausman, Jerry, 2015. "Specification tests in econometrics," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 38(2), pages 112-134.
    3. Rovira, Joan & Viscusi, W. Kip & Antoñanzas, Fernando & Costa, Joan & Hart, Warren & Carvalho, Irineu, 2000. "Smoking Risks in Spain: Part II--Perceptions of Environmental Tobacco Smoke Externalities," Journal of Risk and Uncertainty, Springer, vol. 21(2-3), pages 187-212, November.
    4. Viscusi, W Kip & O'Connor, Charles J, 1984. "Adaptive Responses to Chemical Labeling: Are Workers Bayesian Decision Makers?," American Economic Review, American Economic Association, vol. 74(5), pages 942-956, December.
    5. Jose Julian Escario & Jose Alberto Molina, 2001. "Testing for the rational addiction hypothesis in Spanish tobacco consumption," Applied Economics Letters, Taylor & Francis Journals, vol. 8(4), pages 211-215.
    6. 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.
    7. Antoñanzas, Fernando & Viscusi, W. Kip & Rovira, Joan & Braña, Francisco J. & Portillo, Fabiola & Carvalho, Iirineu, 2000. "Smoking Risks in Spain: Part I--Perception of Risks to the Smoker," Journal of Risk and Uncertainty, Springer, vol. 21(2-3), pages 161-186, November.
    8. Viscusi, W Kip, 1991. "Age Variations in Risk Perceptions and Smoking Decisions," The Review of Economics and Statistics, MIT Press, vol. 73(4), pages 577-588, November.
    9. Viscusi, W Kip & Carvalho, Irineu & Antoñanzas, Fernando & Rovira, Joan & Braña, Francisco J. & Portillo, Fabiola, 2000. "Smoking Risks in Spain: Part III--Determinants of Smoking Behavior," Journal of Risk and Uncertainty, Springer, vol. 21(2-3), pages 213-234, November.
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    Cited by:

    1. Dertwinkel-Kalt, Markus & Wenzel, Tobias, 2019. "Focusing and framing of risky alternatives," Journal of Economic Behavior & Organization, Elsevier, vol. 159(C), pages 289-304.
    2. Frank Sloan & Alyssa Platt, 2011. "Information, risk perceptions, and smoking choices of youth," Journal of Risk and Uncertainty, Springer, vol. 42(2), pages 161-193, April.
    3. Anabela Botelho & Elvira M. Lima & Lígia Costa Pinto & Paula Veiga, 2008. "Environmental tobacco smoke risk perception and smoking behavior in Portugal," NIMA Working Papers 34, Núcleo de Investigação em Microeconomia Aplicada (NIMA), Universidade do Minho.

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