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Do Smokers Underestimate Risks?

dc.contributor.authorViscusi, W. Kip
dc.date.accessioned2014-05-31T18:09:00Z
dc.date.available2014-05-31T18:09:00Z
dc.date.issued1990
dc.identifier.citation98 Journal of Political Economy 1253 (1990)en_US
dc.identifier.urihttp://hdl.handle.net/1803/6387
dc.description.abstractThis paper uses a national survey of 3,119 individuals to examine the effect of lung cancer risk perceptions on smoking activity. Both smokers and nonsmokers greatly overestimate the lung cancer risk of cigarette smoking, and the extent of the overestimation is much greater than the extent of underestimation. These risk perceptions in turn significantly reduce the probability of smoking, as suggested by an economic model of risky consumption decisions. Cigarette excise taxes in effect endow individuals with additional risk perceptions comparable to their current assessed lung cancer risksen_US
dc.format.extent1 PDF (18 pages)en_US
dc.format.mimetypeapplication/pdf
dc.language.isoen_USen_US
dc.publisherJournal of Political Economyen_US
dc.subject.lcshRisk perceptionen_US
dc.subject.lcshCigarette smokersen_US
dc.subject.lcshLungs -- Cancer -- Risk factorsen_US
dc.subject.lcshSmoking -- Health aspectsen_US
dc.titleDo Smokers Underestimate Risks?en_US
dc.typeArticleen_US


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