Will a Happy Man Reduce Weight, Smoke, or Drink?ow Much Does It Worth from the Weight Reduction?
Date Issued
2009
Date
2009
Author(s)
Wang, Chuan-Quei
Abstract
This study extends the concept brought by Lyubomirsky, King, and Diener (2005) regarding the relationship between happiness and success to constructing the relationship between happiness and weight reduction, smoking, and drinking. Under the definiition of the good, bad, and neutral decions for weight reduction, smoking, and drinking behavior respectively, we consider there is positive, negative, and dual relationship between happiness and weight reduction, smoking, drinking behavior. In addition, complete weight reduction, smoking, and drinking decision models are constructed respectively to explain the data at hand. Finally, with the willingness to pay revealed in the data, an estimated potential value from weight reduction for obesity treatment is obtained.he empirical data is from the fifth cycle of Cardiovascular Disease Risk Factors Two Township Study by Academia Sinica of Taiwan. Empirical results indicate that exercise along with medication for the obesity treatment, the group of “the happiest people” has 89.19% higher probability than the group of “the unhappiest people” to reduce weight. Moreover, the group of “the happiest people” has 24.12% higher probability to attend the obesity treatment and is willing to pay NT$ 25,783 more than that by group of “the unhappiest people.” If obesity treatment by medication only, the group of “the happiness people” has 89.32% higher probability than the counter extreme group, i.e. “the unhappiness of people,” to reduce weight and is willing to pay about double than that from the previous treatment, i.e. is willing to pay $50,691 than the group of “the unhappiest people.” However the group of “the happiest people” has 33.85% probability lower than the group of “the unhappiest people” for attending the pure medication treatment only.n regarding to the smoking behavior, however, the group of “the happiest people” has 90.41% probability lower than the group of “the unhappiest people” for continuing smoking and the group of “the happiness people” will decrease about 13 cigarettes per day than the group of “the unhappiest people.” Similarly phenomenon applies to drinking behavior, the group of “the happiest people” has 97.76% probability lower than the group of “the unhappiness people” for continuing drinking. There is an U-shaped relationship between happiness and average alcohol demand per day. It is consistent with the expectation that the turning-point occurs at the group of “happy people,” i.e. changing from the group of “the happy neutral” to the group of “the happiest people.”he willingness to pay provided in the questionnaire for obesity treatment, the estimated value for obesity treatment from exercise along with medication on 2009 is between NT$ 6.6 and NT$ 44.1 billion. On the other hand, the value for medicines treatment only is between NT$ 3.4 and NT$ 22.9 billion.
Subjects
subjective well-being
tools of well-being
sample selection bias
willingness to pay
double-bound dichotomous choice
multinomial logit-ols
ordered probit
SDGs
Type
thesis
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