Artikel

Mental health changes and the willingness to take risks

Utilizing the longitudinal SOEP data representative of the German population, we find that mental health shocks significantly decrease the willingness to take risks. We also find that mental health improvements increase the willingness to take risks significantly. Our findings are relevant for better understanding the economic decision making of the large number of individuals with mental health issues.

Language
Englisch

Bibliographic citation
Journal: The Geneva Risk and Insurance Review ; ISSN: 1554-9658 ; Volume: 48 ; Year: 2021 ; Issue: 1 ; Pages: 31-62 ; London: Palgrave Macmillan UK

Classification
Wirtschaft
Health Behavior
Consumer Economics: Empirical Analysis
Consumer Protection
Criteria for Decision-Making under Risk and Uncertainty
Subject
Willingness to take risks
Health shock
Health improvement
Mental health
SF-12

Event
Geistige Schöpfung
(who)
Li, Lu
Richter, Andreas
Steinorth, Petra
Event
Veröffentlichung
(who)
Palgrave Macmillan UK
(where)
London
(when)
2021

DOI
doi:10.1057/s10713-021-00070-7
Last update
10.03.2025, 11:42 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Li, Lu
  • Richter, Andreas
  • Steinorth, Petra
  • Palgrave Macmillan UK

Time of origin

  • 2021

Other Objects (12)