Cigarettes and Addiction Information: New Evidence in Support of the Rational Addiction Model

A 1979 U.S. Surgeon General's report provided the first conclusive public information of nicotine's addictive effects. We test the hypothesis that cigarette demand was of a "myopic" nature prior to 1979, but forward-looking, or "rational," thereafter.

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Year of publication:	2001-07-01
Authors:	Fenn, Aju J. ; Antonovitz, Frances A. ; Schroeter, John R.
Institutions:	Department of Economics, Iowa State University

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Series:	Staff General Research Papers.
Type of publication:	Book / Working Paper
Notes:	Published in Economics Letters, July 2001, vol. 72 no. 1, pp. 39-45
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005088083