Abstract
The perception of health risks and risky health behaviors are closely associated. In this paper, we investigate the accuracy of health risk perceptions among obese individuals, aged 50-62 years. We compare subjective risk perceptions for various diseases elicited in the American Life Panel to individual's objective risks of the same diseases. We find that obese individuals significantly underestimate their 5-year risks of arthritis or rheumatism and hypertension, whereas they systematically overestimate their 5-year risks of a heart attack and a stroke. Obese individuals are thus aware of some but not all obesity-related health risks. For given diseases, we document substantial heterogeneities in the accuracy of expectations across individuals.
Item Type: | Journal article |
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Keywords: | obesity, health risk, subjective expectations |
Faculties: | Economics Economics > Chairs Economics > Chairs > Seminar for Econometrics Economics > Chairs > Junior Professor in Microecronometrics |
Subjects: | 300 Social sciences > 330 Economics |
JEL Classification: | I10, I18, D84 |
ISSN: | 1099-1050 |
Language: | English |
Item ID: | 22167 |
Date Deposited: | 16. Dec 2014, 09:16 |
Last Modified: | 04. Nov 2020, 13:02 |