Are people overoptimistic about the effects of heavy drinking?

B-Tier
Journal: Journal of Risk and Uncertainty
Year: 2013
Volume: 47
Issue: 1
Pages: 93-127

Authors (4)

Frank Sloan (Duke University) Lindsey Eldred (not in RePEc) Tong Guo (not in RePEc) Yanzhi Xu (not in RePEc)

Score contribution per author:

0.503 = (α=2.01 / 4 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

We test whether heavy or binge drinkers are overly optimistic about probabilities of adverse consequences from these activities or are relatively accurate about these probabilities. Using data from a survey in eight cities, we evaluate the relationship between subjective beliefs and drinking. We assess accuracy of beliefs about several outcomes of heavy/binge drinking: reduced longevity, liver disease onset, link between alcohol consumption and Driving While Intoxicated (DWI), probability of an accident after drinking, accuracy of beliefs about encountering intoxicated drivers on the road, and legal consequences of DWI—ranging from being stopped to receiving fines and jail terms. Overall, there is no empirical support for the optimism bias hypothesis. We do find that persons consuming a lot of alcohol tend to be more overconfident about their driving abilities and ability to handle alcohol. However, such overconfidence does not translate into over-optimism about consequences of high levels of alcohol consumption. Copyright Springer Science+Business Media New York 2013

Technical Details

RePEc Handle
repec:kap:jrisku:v:47:y:2013:i:1:p:93-127
Journal Field
Theory
Author Count
4
Added to Database
2026-01-29