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addition to reducing youth smoking, we find that higher cigarette prices significantly reduce the average level of marijuana …
Persistent link: https://www.econbiz.de/10012471868
After a discussion of cigarette smoking in the context of the Becker-Murphy (1988) model of rational addictive behavior, demand equations are derived accounting for the tolerance, reinforcement, and withdrawal characteristic of addictive consumption. These are contrasted to equations developed...
Persistent link: https://www.econbiz.de/10012475769