IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this paper

Time Discounting, Present Biases, and Health-Related Behavior

Listed author(s):
  • Myong-Il Kang
  • Shinsuke Ikeda

Analysis of an original nationwide Internet survey reveals that health-related behavior shows associations with three aspects of time discounting: (i) impatience, measured by the overall discount rate; (ii) present bias, measured by the degree of declining impatience in the generalized hyperbolic discount function; and (iii) the sign effect, in that future losses are discounted at a lower rate than future gains. Present-biased respondents are classified as na?ve if the responses are indicative of being a time-inconsistent procrastinator, and classified as sophisticated otherwise. The health-related indicators that we examine relate to smoking, health condition, dentition status, and body habitus. We first show that a higher degree of impatience tends to worsen health-related attributes. Second, respondents with more steeply declining impatience tend to develop more unhealthy behavior and ill-health conditions, and the tendencies are likely to be stronger for na?fs than for sophisticates. Third, the sign effect, too, shows an association with health-related behavior, although the significance levels are not overly high. Consistent with these findings, the principal component of the health-related measures shows strong associations with the degrees of impatience and declining impatience.

If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

File URL:
Download Restriction: no

Paper provided by Institute of Social and Economic Research, Osaka University in its series ISER Discussion Paper with number 0885.

in new window

Date of creation: Sep 2013
Handle: RePEc:dpr:wpaper:0885
Contact details of provider: Postal:
6-1 Mihogaoka, Ibaraki, Osaka 567-0047

Fax: 81-6-6879-8583
Web page:

More information through EDIRC

No references listed on IDEAS
You can help add them by filling out this form.

This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

When requesting a correction, please mention this item's handle: RePEc:dpr:wpaper:0885. See general information about how to correct material in RePEc.

For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Fumiko Matsumoto)

If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

If references are entirely missing, you can add them using this form.

If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

Please note that corrections may take a couple of weeks to filter through the various RePEc services.

This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.