Table 5 Time preference proxies and elicitation methods in smoking studies
Study | Subject | Elicitation Method/Proxies |
|---|---|---|
(Scharff and Viscusi 2011) | Smoking | “Workers’ wage fatality risk trade-offs” (Implied time discount rate for nonsmokers was 8.1% compared to 13.8% for smokers) |
(Ida and Goto 2009b) | Smoking | Discrete choice experiment to measure time and risk preferences |
(Adams 2009b, p. 530) | Smoking | Response to “In planning your/your family’s saving and spending, which of the following time periods is more important to you and your husband/wife/partner?” |
(Goto et al. 2009) | Smoking | Discrete choice experiment to measure time and risk preferences |
(Khwaja et al. 2007, p. 935) | Smoking | Financial Intertemporal Choices; Health Intertemporal Choices (e.g. “20 extra days in perfect health this year would be just as good as __ extra days in perfect health x year(s) from now”) |
(Fersterer and Winter-Ebmer 2003) | Smoking and Education | Smoking status at 16 years of age |