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. Author manuscript; available in PMC: 2011 Jan 1.
Published in final edited form as: J Health Econ. 2009 Oct 31;29(1):1–28. doi: 10.1016/j.jhealeco.2009.10.003

Table 7.

Effect of discounting and other measures Survey of Smoking, Whites

Coefficient on Years of Education
Adding alternative Measures of Discounting, in addition to income
Outcome Demographics Adding
income		 Winning
and losing
questions		 Planning
horizon		 Time spent
on financial
planing		 Time spent
planning
vacation		 Impulsivity
index		 Health
discounting
Current smoker
(mean=.38)		 −0.0309**** −0.0280**** −0.0298**** −0.0265**** −0.0280**** −0.0276**** −0.0270**** −0.0256****
[0.0079] [0.0086] [0.0087] [0.0087] [0.0087] [0.0087] [0.0087] [0.0088]
% of base explained 9% −6% 5% 0% 1% 3% 8%
Obese
(mean=.32)		 −0.0248*** −0.0197** −0.0197** −0.0202** −0.0182** −0.0200** −0.0183** −0.0216**
[0.0075] [0.0082] [0.0083] [0.0083] [0.0083] [0.0082] [0.0083] [0.0084]
% of base explained 21% 0% −2% 6% −1% 6% −8%

Note: The sample size is 558 in all regressions. Demographic controls include dummies for male, married, hispanic and age. Income is a series of dummy variables.

*

significant at 5%;

**

significant at 1%