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Estimating the relationship between rate of time preferences and healthy lifestyle in Russia

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Author Info

  • Tatiana Kossova

    ()
    (National Research University Higher School of Economics)

  • Elena Kossova

    ()
    (National Research University Higher School of Economics)

  • Maria Sheluntcova

    ()
    (National Research University Higher School of Economics)

Abstract

This paper aims to reveal the relationship between rate of time preferences (RTP) and healthy lifestyles of Russians. This rate shows individual preferences for the distribution of consumption over time. We examine such healthy and unhealthy behavior as smoking, drinking alcohol, doing physical exercise and having medical check-ups. The research is based on data from a survey which was conducted by the Yuri Levada Analytical Center in 2011. Our findings suggest that the RTP along with such factors as age, gender, marital status, income, health status and employment status influence the lifestyle of Russians

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Bibliographic Info

Paper provided by National Research University Higher School of Economics in its series HSE Working papers with number WP BRP 45/EC/2013.

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Length: 36 pages
Date of creation: 2013
Date of revision:
Publication status: Published in WP BRP Series: Economics / EC, December 2013, pages 1-36
Handle: RePEc:hig:wpaper:45/ec/2013

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Keywords: rate of time preferences; individual discount rate; healthy lifestyle; smoking; drinking; physical exercises; medical check-ups; Russia;

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  1. Ettner, Susan L. & French, Michael T. & Popovici, Ioana, 2010. "Heavy drinking and health promotion activities," Social Science & Medicine, Elsevier, vol. 71(1), pages 134-142, July.
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  7. Ida, Takanori & Goto, Rei, 2009. "Interdependency among addictive behaviours and time/risk preferences: Discrete choice model analysis of smoking, drinking, and gambling," Journal of Economic Psychology, Elsevier, vol. 30(4), pages 608-621, August.
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  11. Borghans, Lex & Golsteyn, Bart H.H., 2006. "Time discounting and the body mass index: Evidence from the Netherlands," Economics & Human Biology, Elsevier, vol. 4(1), pages 39-61, January.
  12. Kahneman, Daniel & Tversky, Amos, 1979. "Prospect Theory: An Analysis of Decision under Risk," Econometrica, Econometric Society, vol. 47(2), pages 263-91, March.
  13. George-Marios Angeletos, 2001. "The Hyberbolic Consumption Model: Calibration, Simulation, and Empirical Evaluation," Journal of Economic Perspectives, American Economic Association, vol. 15(3), pages 47-68, Summer.
  14. Ehrlich, Isaac & Chuma, Hiroyuki, 1990. "A Model of the Demand for Longevity and the Value of Life Extension," Journal of Political Economy, University of Chicago Press, vol. 98(4), pages 761-82, August.
  15. W. David Bradford & James Zoller & Gerard A. Silvestri, 2010. "Estimating the Effect of Individual Time Preferences on the Use of Disease Screening," Southern Economic Journal, Southern Economic Association, vol. 76(4), pages 1005-1031, April.
  16. Uri Benzion & Amnon Rapoport & Joseph Yagil, 1989. "Discount Rates Inferred from Decisions: An Experimental Study," Management Science, INFORMS, vol. 35(3), pages 270-284, March.
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