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Risk Beliefs and Smoking Behavior
W. Kip Viscusi Vanderbilt University - Law School; National Bureau of Economic Research (NBER); Vanderbilt University - Department of Economics; Vanderbilt University - Owen Graduate School of Management Jahn Karl Hakes Albion College - Department of Economics and Management Economic Inquiry, 2007 Vanderbilt Law and Economics Research Paper No. 07-18 Abstract: We analyze smoking risk beliefs and smoking behavior using individual data from 1997 for the United States and 1998 for Massachusetts. Smokers and adults more generally overestimate the lung cancer risks of smoking and the mortality risks and life expectancy loss. Higher risk beliefs decrease the probability of starting to smoke and increase the probability of quitting among those who begin. Better-educated smokers have lower and more accurate risk beliefs, but education decreases the probability of smoking. Higher state cigarette taxes correlate with risk beliefs, but not with smoking status. The uninsured are especially likely to remain current smokers.
Keywords: smoking, risk beliefs, smoking risk, smoking behavior JEL Classifications: I12, I18, D80 Accepted Paper SeriesDate posted: June 10, 2007 ; Last revised: June 10, 2007Suggested CitationContact Information
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