This paper presents a model of smoking choice in which rationality is bounded by limitations in intertemporal … computational abilities. The model is applied to the youth decision to initiate smoking. Lifetime smoking paths of representative … suggested that public policy interventions that raise the near term cost of smoking will be more effective in reducing lifetime …

A number of studies have indicated that peer smoking is a highly influential factor in a young person's decision to …. This paper develops an econometric model of youth smoking which incorporates both peer effects and selection effects, and …