Smokers’ life expectancy and annuitization decisions

Research output: Chapter in Book/Report/Conference proceedingChapterpeer-review

2 Scopus citations


We examine subjective life expectancy perceptions of Israeli smokers by investigating the results of an online survey of a representative sample of 963 Israeli residents aged 50-70 years. Our results suggest that smokers are overoptimistic regarding their subjective life expectancy, a fact that is expected to influence the decision-making process in general, and financial decisions in particular. Indeed, our results are consistent with the results obtained by Hurwitz and Sade (2019) with regard to annuitization decisions.

Original languageAmerican English
Title of host publicationBehavioral Finance
Subtitle of host publicationA Novel Approach
PublisherWorld Scientific Publishing Co.
Number of pages16
ISBN (Electronic)9789811229251
StatePublished - 1 Jan 2020

Bibliographical note

Publisher Copyright:
© 2021 World Scientific Publishing Company.


  • Financial decisions
  • Self-assessed life expectancy
  • Smoking
  • Time preferences


Dive into the research topics of 'Smokers’ life expectancy and annuitization decisions'. Together they form a unique fingerprint.

Cite this