The objective of this study was to estimate the association between household income and tobacco and alcohol use and to measure the mediation effect risk tolerance – as measured across seven domains (driving, financial matters, occupational, health, faith in people, romantic relationships and major life change) – in describing tobacco and alcohol use. Findings from this study, based on data from the 2012 National Longitudinal Survey of Youth, provide insights into the relationship between health-related risk-taking behaviors and socioeconomic household-level outcomes. Regression and mediation tests showed that risk tolerance plays a significant role in describing smoking and drinking behaviors. A key finding from the study suggests that risk tolerance mediates (and sometimes suppresses) the income effect on smoking and drinking behaviors. Results from this study provide information that researchers, educators and policymakers can use to better understand the association between health behavior and socioeconomic status when attempting to combat chronic disease.
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Research Article|
June 15 2026
The role of risk tolerance as a mediator between household income and tobacco and alcohol use among mid-life adults in the United States
Eun Jin Kwak;
Department of Accounting and Finance, Richards College of Business, University of West Georgia, Carrollton, Georgia, USA, and
University of Wisconsin-Green Bay
, Green Bay, Wisconsin, USA
Corresponding author Eun Jin Kwak ekwak@westga.edu
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John E. Grable
John E. Grable
Department of Financial Planning, Housing, and Consumer Economics, College of Family and Consumer Sciences,
University of Georgia
, Athens, Georgia, USA
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Corresponding author Eun Jin Kwak ekwak@westga.edu
Received:
July 14 2024
Revision Received:
April 19 2025
Accepted:
April 29 2025
Online ISSN: 2326-6201
Print ISSN: 2326-6198
© 2026 Emerald Publishing Limited
2025
Emerald Publishing Limited
Licensed re-use rights only
Review of Behavioral Economics 1–24.
Article history
Received:
July 14 2024
Revision Received:
April 19 2025
Accepted:
April 29 2025
Citation
Kwak EJ, Grable JE (2026;), "The role of risk tolerance as a mediator between household income and tobacco and alcohol use among mid-life adults in the United States". Review of Behavioral Economics, Vol. ahead-of-print No. ahead-of-print. https://doi.org/10.1108/RBE-07-2024-0242
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