Predicting Health Behaviors with Economic Preferences and Perceived Control

Lynn Conell‐Price · Julian Jamison

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Decision-Making and Behavioral Economics Experimental Behavioral Economics Studies Behavioral Health and Interventions

Abstract

We present new evidence on the relationship between health behaviors and experimental measures of risk and time preferences and introduce evidence that perceived control - a measure incorporated from the health psychology literature - is a stronger and more consistent predictor of health behaviors than economic preferences.

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1997Preference Parameters and Behavioral Heterogeneity: An Experimental Approach in the Health and Retirement Study 2013Impatience and Uncertainty: Experimental Decisions Predict Adolescents' Field Behavior 2008Predicting health behaviors with an experimental measure of risk preference 2008Individual laboratory-measured discount rates predict field behavior 2003Effects of Risk and Time Preference and Expected Longevity on Demand for Medical Tests 1999Time Preferences and Preventive Health Behavior 2010Individual discount rates and smoking: Evidence from a field experiment in Denmark

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