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Harm Reduction : When Does It Improve Health, and When Does it Backfire?

Cawley, John H.; Dragone, Davide - National Bureau of Economic Research - 2023

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 …

Persistent link: https://www.econbiz.de/10014226123

Learning and the Value of Information : Evidence From Health Plan Report Cards

Chernew, Michael - 2001

We estimate a Bayesian learning model in order to assess the value of health plan performance information and the extent to which the explicit provision of information about product quality alters consumer behavior. We take advantage of a natural experiment in which health plan performance...

Persistent link: https://www.econbiz.de/10012470127

Consumer Learning and the Entry of Generic Pharmaceuticals

Bairoliya, Neha - 2017

Generic pharmaceuticals provide low-cost access to treatment. Despite their chemical equivalence to branded products, many mechanisms may hinder generic substitution. Consumers may be unaware of their equivalence. Firms may influence consumers through advertising or product line extensions. We...

Persistent link: https://www.econbiz.de/10012455020

Does Market Experience Eliminate Market Anomalies? The Case of Exogenous Market Experience

List, John A. - 2011

A vibrant literature has emerged that suggests willingness to pay and willingness to accept measures of value are quite different for inexperienced consumers but that value differences erode with market experience. One potential shortcoming of this literature is that market experience is...

Persistent link: https://www.econbiz.de/10012461749

Rational Addictive Behavior and Cigarette Smoking

Chaloupka, Frank J. - 1990

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

The Economics of Workaholism : We Should Not Have Worked on This Paper

Hamermesh, Daniel S. - 2005

, in that they are more likely to postpone earlier plans for retirement. The evidence and theory suggest that the negative …

Persistent link: https://www.econbiz.de/10012467112

Land of Addicts? An Empirical Investigation of Habit-Based Asset Pricing Behavior

Chen, Xiaohong - 2004

restrictions implied by asset pricing theory. We treat the functional form of the habit as unknown, and to estimate it along with …

Persistent link: https://www.econbiz.de/10012468190

Rational Addiction, Peer Externalities and Long Run Effects of Public Policy

Kenkel, Donald S. - 2002

addiction. In contrast to prior research, we allow individuals to make their consumption decisions simultaneous with savings and … labor supply. When addictive goods have a stronger habit formation effect (an addiction effect'), individuals choose to save … less due to the anticipated adverse health consequences of addiction (a detrimental health effect'). This is particularly …

Persistent link: https://www.econbiz.de/10012469460

Price Uncertainty, Tax Policy, and Addiction : Evidence and Implications

Coppejans, Mark - 2002

Consumption of addictive goods is subject to habit formation. Forward-looking individuals must, therefore, be concerned about future prices when making current consumption decisions. We study prices for tobacco products based on a unique data set provided by the Bureau of Labor Statistics. Our...

Persistent link: https://www.econbiz.de/10012469640

An Empirical Analysis of Cigarette Addiction

Becker, Gary S. - 1990

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 …

Persistent link: https://www.econbiz.de/10012475713

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