The Smoking Puzzle: Information, Risk Perception, and Choice

by Frank A. Sloan, V. Kerry Smith, Donald H. Taylor Jr.

Overview

How do smokers evaluate evidence that smoking harms health? Some evidence suggests that smokers overestimate health risks from smoking. This book challenges this conclusion. The authors find that smokers tend to be overly optimistic about their longevity and future health if they quit later in life.

Older adults' decisions to quit smoking require personal experience with the serious health impacts associated with smoking. Smokers over fifty revise their risk perceptions only after experiencing a major health shock—such as a heart attack. But less serious symptoms, such as shortness of breath, do not cause changes in perceptions. Waiting for such a jolt to occur is imprudent.

The authors show that well-crafted messages about how smoking affects quality of life can greatly affect current perceptions of smoking risks. If smokers are informed of long-term consequences of a disease, and if they are told that quitting can indeed come too late, they are able to evaluate the risks of smoking more accurately, and act accordingly.

Product Details

ISBN-13:	9780674010390
Publisher:	Harvard University Press
Publication date:	06/15/2003
Pages:	288
Product dimensions:	6.12(w) x 9.25(h) x 1.00(d)

About the Author

Frank A. Sloan is J. Alexander McMahon Professor of Health Policy and Management and Professor of Economics, Duke University.

V. Kerry Smith is University Distinguished Professor in the Department of Agricultural and Resource Economics, North Carolina State University.

Donald H. Taylor Jr. is Assistant Research Professor, Sanford Institute of Public Policy, Duke University.

Table of Contents

Preface

Acknowledgments

1. Linking Information, Risk Perception, and Choice: An Economic Approach

2. Cognition, Perception, and Behavior: Are "Bad Choices" Allowed with Rational Choice?

3. Government Policy and Advertising as Sources of Information for Smokers

4. Can Smokers Expect Personal Health Signals? An Evaluation of the Health Impact of Cigarette Smoking

5. Determinants of Risk Perception

6. Do Health Shocks Influence Smoking Behavior? Cessation and Relapse Patterns in Older Adults

7. Personalized Health Messages and the Perceived Risks of Smoking

8. Risk, Longevity Expectations, and Demand for Cigarettes

9. Conclusions and Policy Implications

Notes

References

Index

What People are Saying About This

This is an excellent book. It covers important new material and covers it well. It provides both a broad overview of the economics of smoking and some new analyses of how risk perceptions matter for smoking decisions. The findings and the discussion are important and are likely to have a major impact on the field.

Joseph Newhouse

This book makes an important contribution to tobacco policy by suggesting a new direction in information policy. In doing so, it skillfully navigates between those who claim that smokers rationally understand what they are doing--and in fact may overestimate the health risks they run--and those who claim excise taxes should be increased to keep smokers from harming themselves.
— Joseph Newhouse, Harvard University

Sherry Glied

By focusing attention on older smokers, The Smoking Puzzle provides a new and very valuable set of lessons for tobacco policy. Sloan, Smith, and Taylor document that older smokers do quit in appreciable numbers--but most quit too late, after a lifetime of cigarette smoking has already begun to exact its price. In an argument grounded in economic and psychological theory, and buttressed by copious qualitative and quantitative empirical analysis, the authors show that there is ample room for improvement. Properly designed public policy-well described in the book-can lead to significant increases in quitting among still-healthy older smokers. This book is an essential addition to the literature on smoking.
— Sherry Glied, Columbia University

Jonathan Gruber

This is an excellent book. It covers important new material and covers it well. It provides both a broad overview of the economics of smoking and some new analyses of how risk perceptions matter for smoking decisions. The findings and the discussion are important and are likely to have a major impact on the field.
— Jonathan Gruber, Massachusetts Institute of Technology

Editorial Reviews

This book makes an important contribution to tobacco policy by suggesting a new direction in information policy. In doing so, it skillfully navigates between those who claim that smokers rationally understand what they are doing—and in fact may overestimate the health risks they run—and those who claim excise taxes should be increased to keep smokers from harming themselves.

Joseph Newhouse

By focusing attention on older smokers, The Smoking Puzzle provides a new and very valuable set of lessons for tobacco policy. Sloan, Smith, and Taylor document that older smokers do quit in appreciable numbers—but most quit too late, after a lifetime of cigarette smoking has already begun to exact its price. In an argument grounded in economic and psychological theory, and buttressed by copious qualitative and quantitative empirical analysis, the authors show that there is ample room for improvement. Properly designed public policy—well described in the book—can lead to significant increases in quitting among still-healthy older smokers. This book is an essential addition to the literature on smoking.

Sherry Glied

This is an excellent book. It covers important new material and covers it well. It provides both a broad overview of the economics of smoking and some new analyses of how risk perceptions matter for smoking decisions. The findings and the discussion are important and are likely to have a major impact on the field.

Jonathan Gruber