Welcome to the Academy of Financial Service’s 2019 Annual Meeting being held in Minneapolis, Minnesota in conjunction with FPA’s Annual Conference 2019. This is the full agenda for AFS. For details on FPA items, visit their Full Schedule. Please report any errors to support@academyfinancial.org.
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Wednesday, October 16 • 4:45pm - 5:45pm
H2b The Role of Risk Tolerance As a Mediator Between Family Income and Smoking and Drinking Behavior

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Risk tolerance may act as an important role in shaping health sensation-seeking behaviors (i.e., smoking and drinking). When risk tolerance (in the seven domains: driving, finance, occupation, health, faith, relationship, and life change) is included in regression models for the relationship between family income and smoking/drinking behavior, as a partial mediator, the income effect was changed. This result means that risk tolerance mediates the income effect on smoking/drinking behavior. When viewed this way, risk tolerance may be more important than income in relation to sensation-seeking behavior. It is possible that risk tolerance may also be the pathway to help the client decrease in smoking/drinking activities. This change should result in improved financial situations as well as their health problem by reducing the cost of alcohol and tobacco use.  

Author(s): Eunjin Kwak, John Grable


EJ Kwak

PhD student, University of Georgia

Wednesday October 16, 2019 4:45pm - 5:45pm CDT
201 B

Attendees (2)