addiction benefit because they can switch to a less harmful substance, but opponents argue that this could encourage abstainers … to begin using the harm reduction method or even the original addictive good. This paper builds on theories of addiction …

After a discussion of cigarette smoking in the context of the Becker-Murphy (1988) model of rational addictive behavior … consumption. These are contrasted to equations developed under the competing hypotheses that smoking is not addictive or that … of the Second National Health and Nutrition Examination Survey. Estimates support the assumptions that cigarette smoking …

Smoking is the leading preventable cause of death in the U.S. Because e-cigarettes do not involve the combustion of … tobacco, vaping offers the potential to prevent most of the health consequences of smoking. We study the impact of an … perceptions and vaping and smoking behavior; and national aggregate time-series sales data. We find that after the outbreak …

A standard model of addictive process is Becker and Murphy's rational addiction' model, which has the key empirical … the inconsistent preferences which are likely to provide a much better platform for understanding the smoking decision. We … per pack of cigarettes should be at least one dollar higher under our formulation than in the rational addiction case …

We use a framework suggested by a model of rational addiction to analyze empirically the demand for cigarettes. The … results provide support for the implications of a rational addiction model that cross price effects are negative (consumption …

characterizing addictive consumption. Results obtained from these demand equations support the hypothesis that cigarette smoking is …

We develop and estimate a life-cycle model in a rational addiction framework where youth choose to smoke, attend school … reciprocal causal effects of addiction and education. Variations in endowments and cigarette prices are sources of identification …. We show that education causally reduces smoking. A counterfactual experiment finds that in absence of cigarettes, college …

Public health experts caution that legalization of recreational marijuana may normalize smoking and undermine the …