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An Economic Model of Youth Smoking: Tax and Welfare Effects
Suranovic, Steven M. - EconWPA - 2005
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 smokers indicate that youths may experience a reduction...
Persistent link: https://www.econbiz.de/10005134613
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A Theory of Natural Addiction
Smith, Trenton G.; Tasnádi, Attila - EconWPA - 2005
Economic theories of rational addiction aim to describe consumer behavior in the presence of habit-forming goods. We … many of the unconventional behavioral assumptions employed by theories of rational addiction, including adjacent …, however, that addiction is 'harmful' only when the addict fails to implement the optimal solution. We offer evidence for the …
Persistent link: https://www.econbiz.de/10005135026
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Pain
Palda, Filip - EconWPA - 2001
dominate his life. This seeming dependence on the drug has nothing to do with addiction or habit formation, but is a …
Persistent link: https://www.econbiz.de/10005135054
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Cultural Effects of Trade Liberalization
Suranovic, Steven M.; Winthrop, Robert - EconWPA - 2005
We incorporate culture into a standard trade model in two distinct ways. In the ¡°cultural affinity from work¡± model, workers receive a non- pecuniary cultural benefit from work in a particular industry. In the ¡°cultural externality¡± model, consumers of a product receive utility from...
Persistent link: https://www.econbiz.de/10005556454
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The Productivity Commission's gambling inquiry: 3 years on
Banks, Gary - EconWPA - 2003
In a presentation in November 2002 to the Annual Conference of the National Association for Gambling Studies in … Melbourne, Productivity Commission Chairman Gary Banks provided an update on key developments in Australia’s gambling industries … gambling, it remains unclear whether problem gambling and its impacts have moderated. There is a need for more research on the …
Persistent link: https://www.econbiz.de/10005076623
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The Productivity Commission's gambling inquiry: 3 years on
Banks, Gary - EconWPA - 2003
In a presentation in November 2002 to the Annual Conference of the National Association for Gambling Studies in … Melbourne, Productivity Commission Chairman Gary Banks provided an update on key developments in Australia’s gambling industries … gambling, it remains unclear whether problem gambling and its impacts have moderated. There is a need for more research on the …
Persistent link: https://www.econbiz.de/10005125975
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The Productivity Commission's gambling inquiry: 3 years on
Banks, Gary - EconWPA - 2003
In a presentation in November 2002 to the Annual Conference of the National Association for Gambling Studies in … Melbourne, Productivity Commission Chairman Gary Banks provided an update on key developments in Australia’s gambling industries … gambling, it remains unclear whether problem gambling and its impacts have moderated. There is a need for more research on the …
Persistent link: https://www.econbiz.de/10005125976
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The Productivity Commission's gambling inquiry: 3 years on
Banks, Gary - EconWPA - 2003
In a presentation in November 2002 to the Annual Conference of the National Association for Gambling Studies in … Melbourne, Productivity Commission Chairman Gary Banks provided an update on key developments in Australia’s gambling industries … gambling, it remains unclear whether problem gambling and its impacts have moderated. There is a need for more research on the …
Persistent link: https://www.econbiz.de/10005062466
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Business Profitability and Social Profitability: Evaluating Industries with Externalities, The Case Casinos.
Grinols, Earl L.; Mustard, David B. - EconWPA - 2005
Casino gambling is a social issue, because in addition to the direct benefits to those who own and use casinos … externalities generated by casinos. Lastly, it corrects many prevalent errors in the debate over the economics of casino gambling. …
Persistent link: https://www.econbiz.de/10005561010
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Toward a Theory of Asset Subscription
Xie, Danyang - EconWPA - 2003
asset that is too large or too risky for a single individual or financial institution so that an auction method is not … and a SS is provided. The difference between an auction scheme and a subscription scheme is discussed. …
Persistent link: https://www.econbiz.de/10005134756