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 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
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.
Online Access: Fulltext
Database: Social Sciences Citation Index
Web of Science - Social Sciences Citation Index - 2014
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