Are You What You Eat? Healthy Behaviour and Risk Preferences

Galizzi, Matteo M.; Miraldo, Marisa

doi:10.1515/bejeap-2016-0081

Cited by 15 publications

(13 citation statements)

References 71 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…From a theoretical perspective, risk and time preferences are fundamental individual characteristics at the core of health behavior and decision-making (Gafni and Torrance, 1984; Van der Pol, 2011). Empirically, they have been found to associate with a number of health and healthcare behaviors, including: heavy drinking (Anderson and Mellor, 2008), BMI (Sutter, Kocher, Glätzle-Reutzler and Trautmann, 2013), healthy nutrition (Galizzi and Miraldo, 2017), and the uptake of vaccinations, preventive care, and medical tests (Bradford, 2010;Bradford, Zoller and Silvestri, 2010;Chapman and Coups, 1999).…”

Section: Measuring Risk and Time Preferences In Health: A Review Of Mmentioning

confidence: 99%

See 1 more Smart Citation

Experimental Methods and Behavioral Insights in Health Economics: Estimating Risk and Time Preferences in Health

Galizzi¹,

Harrison²,

Miraldo³

2018

Health Econometrics

Self Cite

View full text Add to dashboard Cite

The use of behavioral insights and experimental methods has recently gained momentum among health policy-makers. There is a tendency, however, to reduce behavioral insights applications in health to "nudges," and to reduce experiments in health to "randomized controlled trials" (RCTs). We argue that there is much more to behavioral insights and experimental methods in health economics than just nudges and RCTs. First, there is a broad and rich array of complementary experimental methods spanning the lab to the field, and all of them could prove useful in health economics. Second, there are a host of challenges in health economics, policy, and management where the application of behavioral insights and experimental methods is timely and highly promising. We illustrate this point by describing applications of experimental methods and behavioral insights to one specific topic of fundamental relevance for health research and policy: the experimental elicitation and econometric estimation of risk and time preferences. We start by reviewing the main methods of measuring risk and time preferences in health. We then focus on the "behavioral econometrics" approach to jointly elicit and estimate risk and time preferences, and we illustrate its state-of-theart applications to health.

show abstract

Section: Measuring Risk and Time Preferences In Health: A Review Of Mmentioning

confidence: 99%

“…In a lab experiment, Galizzi and Miraldo (2017) measure the risk preferences of a convenience sample of students and find that, while there is no association between smoking or BMI with the estimated risk aversion, the latter is significantly associated with the Healthy Eating Index, an indicator of overall nutritional quality.…”

Section: Applications To Healthmentioning

confidence: 99%

Experimental Methods and Behavioral Insights in Health Economics: Estimating Risk and Time Preferences in Health

Galizzi¹,

Harrison²,

Miraldo³

2018

Health Econometrics

Self Cite

View full text Add to dashboard Cite

show abstract

“…We look at age and gender specifically to verify two most commonly reported findings in the risk-taking literature before the COVID-19 pandemic, namely that men and younger respondents take more risks. Although no systematic relationship between health status and risk tolerance has previously been established (e.g., Galizzi and Miraldo, 2017 ), under the COVID-19 pandemic health status has been shown to be a significant determinant of the likelihood of suffering from severe consequences, of being hospitalized, and of dying (e.g., Richardson et al, 2020 ). We therefore test for this association as well in our data.…”

Section: Introductionmentioning

confidence: 99%

Heterogeneity in Risk-Taking During the COVID-19 Pandemic: Evidence From the UK Lockdown

2021

Self Cite

View full text Add to dashboard Cite

In two pre-registered online studies during the COVID-19 pandemic and the early 2020 lockdown (one of which with a UK representative sample) we elicit risk-tolerance for 1,254 UK residents using four of the most widely applied risk-taking tasks in behavioral economics and psychology. Specifically, participants completed the incentive-compatible Balloon Analog Risk Task (BART) and the Binswanger-Eckel-Grossman (BEG) multiple lotteries task, as well as the Domain-Specific Risk-Taking Task (DOSPERT) and the self-reported questions for risk-taking used in the German Socio-economic Panel (SOEP) study. In addition, participants in the UK representative sample answered a range of questions about COVID-19-related risky behaviors selected from the UCL COVID-19 Social Survey and the ICL-YouGov survey on COVID-19 behaviors. Consistently with pre-COVID-19 times, we find that risk tolerance during the UK lockdown (i) was higher in men than in women and (ii) decreased with age. Undocumented in pre-COVID-19 times, we find some evidence for healthier participants displaying significantly higher risk-tolerance for self-reported risk measures. We find no systematic nor robust patterns of association between the COVID-19 risky behaviors and the four risk-taking tasks in our study. Moreover, we find no evidence in support of the so-called “risk compensation” hypothesis. If anything, it appears that participants who took greater risk in real-life COVID-19-relevant risky behaviors (e.g., isolating or taking precautions) also exhibited higher risk-tolerance in our experimental and self-reported risk-taking measures.

show abstract

“…From a theoretical perspective, risk and time preferences are fundamental individual characteristics at the core of health behavior and decisionmaking (Gafni & Torrance, 1984;Van der Pol, 2011). Empirically, they have been found to associate with a number of health and healthcare behaviors including heavy drinking (Anderson & Mellor, 2008), BMI (Sutter, Kocher, Gla¨tzle-Reu¨tzler, & Trautmann, 2013), healthy nutrition (Galizzi & Miraldo, 2017), and the uptake of vaccinations, preventive care, and medical tests (Bradford, 2010;Bradford, Zoller & Silvestri, 2010;Chapman & Coups, 1999).…”

Section: Measuring Risk and Time Preferences In Health: A Review Of Mmentioning

confidence: 99%

health econometrics

Jones¹

The New Palgrave Dictionary of Economics

View full text Add to dashboard Cite

Are You What You Eat? Healthy Behaviour and Risk Preferences

Cited by 15 publications

References 71 publications

Experimental Methods and Behavioral Insights in Health Economics: Estimating Risk and Time Preferences in Health

Experimental Methods and Behavioral Insights in Health Economics: Estimating Risk and Time Preferences in Health

Heterogeneity in Risk-Taking During the COVID-19 Pandemic: Evidence From the UK Lockdown

health econometrics

Contact Info

Product

Resources

About