Abstract
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 language | English |
|---|---|
| Title of host publication | Behavioral Finance |
| Subtitle of host publication | A Novel Approach |
| Publisher | World Scientific Publishing Co. |
| Pages | 349-364 |
| Number of pages | 16 |
| ISBN (Electronic) | 9789811229251 |
| DOIs | |
| State | Published - 1 Jan 2020 |
Bibliographical note
Publisher Copyright:© 2021 World Scientific Publishing Company.
Keywords
- Financial decisions
- Self-assessed life expectancy
- Smoking
- Time preferences