Present bias and health.

Published

Journal Article

This study uses a dynamic discrete choice model to examine the degree of present bias and naivete about present bias in individuals' health care decisions. Clinical guidelines exist for several common chronic diseases. Although the empirical evidence for some guidelines is strong, many individuals with these diseases do not follow the guidelines. Using persons with diabetes as a case study, we find evidence of substantial present bias and naivete. Counterfactual simulations indicate the importance of present bias and naivete in explaining low adherence rates to health care guidelines.

Full Text

Duke Authors

Cited Authors

  • Wang, Y; Sloan, FA

Published Date

  • October 25, 2018

Published In

Volume / Issue

  • 57 / 2

Start / End Page

  • 177 - 198

PubMed ID

  • 31244508

Pubmed Central ID

  • 31244508

Electronic International Standard Serial Number (EISSN)

  • 1573-0476

International Standard Serial Number (ISSN)

  • 0895-5646

Digital Object Identifier (DOI)

  • 10.1007/s11166-018-9289-z

Language

  • eng