Smoking, Expectations, and Health
A Dynamic Stochastic Model of Lifetime Smoking Behavior
Bibliographic Data
| ID | 10177449 |
|---|---|
| Authors | Michael Darden (0000-0002-2592-3616, University of North Carolina at Chapel Hill, corresponding author) |
| Year | 2017 |
| Volume | 125 |
| Issue | 5 |
| Pages | 1465-1522 |
| Publication date | 2017-06-09 |
| Open Access | No |
| Type | ARTICLE |
| Venue | Journal of Political Economy (JOURNAL) |
| Journal identifiers | ISSN: 0022-3808 • E-ISSN: 1537-534X |
| Publisher | University of Chicago Press (PUBLISHER • US) |
| DOI | 10.1086/693394 |
| OpenAlex | W2013108166 |
| Language | EN |
| Citations received | 8 |
| References cited | 50 |
I estimate a dynamic, stochastic model of smoking, expectations, and health that makes explicit channels through which an individual may learn about the health risks of smoking. Simulations of the structural model suggest that cardiovascular biomarker information at repeated health exams does not significantly alter smoking behavior because (a) signals of biomarker health are noisy within individuals, (b) the influence of biomarkers on major health outcomes is small, and (c) cigarette smoking is addictive. This paper also presents evidence of selection in smoking that, when not modeled, may cause an overstatement of the effect of smoking on expected longevity
Addiction · Biology · Biomarker · Cigarette smoking · Econometrics · Economics · Environmental health · Health behavior · Longevity · Psychiatry · Decision-Making and Behavioral Economics · Economics of Agriculture and Food Markets · Internal Medicine · Medicine · Obesity, Physical Activity, Diet · Psychology · Gerontology
Exploring Links Between Health and the Genetic Risk for Smoking
Adult Children’s Human Capital Accumulation and Parents’ Risky Behaviors
The Causal Effects of Youth Cigarette Addiction and Education
Imperfect information on physical activity and caloric intake
Rational self-medication
The impact of parents’ health shocks on children’s health behaviors
Cities and Smoking
Reference Health and the Demand for Medical Care
Addiction and Cue-Triggered Decision Processes
Mortality in relation to smoking
Is Addiction "Rational"? Theory and Evidence
Optimal Replacement of GMC Bus Engines
Temporal Resolution of Uncertainty and Dynamic Choice Theory
Formulating, Identifying and Estimating the Technology of Cognitive and Noncognitive Skill Formation
Mortality in relation to smoking
General Cardiovascular Risk Profile for Use in Primary Care
Temptation and Self-Control
Measuring Expectations
Tobacco taxes as a tobacco control strategy
Prediction of Coronary Heart Disease Using Risk Factor Categories
A Method for Minimizing the Impact of Distributional Assumptions in Econometric Models for Duration Data
Estimating the Technology of Cognitive and Noncognitive Skill Formation
The Solution and Estimation of Discrete Choice Dynamic Programming Models by Simulation and Interpolation
Do Smokers Respond to Health Shocks
Constructing socio-economic status indices
Benefits of Smoking Cessation for Longevity
Learning, Private Information, and the Economic Evaluation of Randomized Experiments
Substitution, Risk Aversion, and the Temporal Behavior of Consumption and Asset Returns
Do Smokers Underestimate Risks
Rational Addiction with Learning and Regret
A Theory of Rational Addiction
| Citations per year | 0.89 |
|---|---|
| Citation span | 2017 - 2026 (10) |
| Highly cited | No |