This paper considers dynamic models of smoking under uncertainty, wherein individuals learn about the associated risks both through experimentation and observation. We use smokers' changes in self-reported health in long-run household panel data as an individualized measure of information about...

We use fourteen waves of the German panel data to ask whether individuals, after life and labour market events, return to some baseline wellbeing level. Although the strongest life satisfaction effect is often at the time of the event, significant lag and lead effects are present. Men are more...

We use nine waves of BHPS data to examine interactions between spouses in terms of a behaviour with important health repercussions: cigarette smoking. Partners' behaviours may be correlated due to matching in the marriage market, bargaining within marriage, or information revealed by others'...

A number of recent papers have found evidence of interdependencies in utility functions, in that, ceteris paribus, individual well-being falls as others' mean income or consumption increases. This paper asks if, in addition, the distribution of income in the reference group matters. I consider...