In this paper I unify the economic theories of addiction and health deficit accumulation and develop a life cycle … longevity. I distinguish two types of addiction: perfect and common. Individuals with perfect addiction perfectly control their … addiction. Individuals with common addiction, though otherwise rational and forward looking, fail to fully understand how their …

of smokers who recently failed to quit smoking. The latter finding is consistent with cue-triggered models of addiction … impact of smoking bans and cigarette prices on subjective well-being by analyzing data for 40 European countries and regions … anti-smoking policies on people with different propensities to smoke. We find that higher cigarette prices reduce the life …

relates to risky behaviors like smoking, drinking, and drugs among the young. This study shows that not religion as such or …

relates to addictive behaviors like smoking, drinking and drugs among the young. This study shows that not religion as such or …

nicotine per cigarette. Our study makes two important contributions. First, as smoking more intensively a given cigarette is … detrimental to health, our results question the usefulness of tax increases. Second, we develop a model of rational addiction … where agents can also adjust their intensity of smoking and we show that the previous empirical results suffer from severe …

Risky health behaviors such as smoking, drinking alcohol, drug use, unprotected sex, and poor diets and sedentary …