Happiness as a Driver of Risk-avoiding Behaviour: Theory and an Empirical Study of Seatbelt Wearing and Automobile Accidents

Governments try to discourage risky health behaviours, yet such behaviours are bewilderingly persistent. We suggest a new conceptual approach to this puzzle. We show that expected utility theory predicts that unhappy people will be attracted to risk-taking. Using US seatbelt data, we document eviden...

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Bibliographic details
Volume:	81
Main Author:	Robert J. B. Goudie Sach Mukherjee Jan-Emmanuel de Neve Andrew J. Oswald Stephen Wu
Format:	Journal Article
Language:	English
Zielgruppe:	Academic
Place of publication:	HOBOKEN Blackwell Publishing Ltd 01.10.2014 WILEY Wiley Subscription Services, Inc
published in:	Economica (London) Vol. 81; no. 324; pp. 674 - 697
ORCID:	0000-0003-4640-0221
Data of publication:	20141001
ISSN:	0013-0427 1468-0335
EISSN:	1468-0335
Discipline:	Economics
Bibliography:	Robert Goudie is now affiliated to MRC Biostatistics Unit, Cambridge; Sach Mukherjee is now affiliated to MRC Biostatistics Unit and University of Cambridge.
Subjects:	Economic models Happiness Exercise Pregnancy in diabetics Wellbeing Alcohol drinking Instrumental variables Automobile accidents Diabetes Asthma Economics Business & Economics Social Sciences Traffic accidents SENSATION SEEKING PERSONALITY BAYESIAN VARIABLE SELECTION GRAPHICAL MODELS PANEL-DATA MODEL SELECTION HEALTH BEHAVIORS INEQUALITY 5-FACTOR MODEL PREFERENCE
Online Access:	Fulltext
Database:	Social Sciences Citation Index Web of Science - Social Sciences Citation Index - 2014 Web of Knowledge Web of Science CrossRef Gale General OneFile (A&I only) Academic OneFile (A&I only) Database information Databases - DBIS