Narrow search
Showing 1 - 9 of 9
Cover Image
Infrequency of Purchase, Individual Heterogeneity and Rational Addiction in Single Households’ Estimates of Alcohol Consumption
Pierani, Pierpaolo; Tiezzi, Silvia - In: Giornale degli Economisti 70 (2011) 2, pp. 93-116
A pseudo-panel of Italian single households is used to test for rational addiction in alcohol consumption. These monthly consumption data raise problems of measurement errors and unobservable heterogeneity. To deal with the zeros in the dependent variable we adopt a specification based on...
Persistent link: https://www.econbiz.de/10009370583
Cover Image
Infrequency of Purchase, Individual Heterogeneity an and Rational Addiction in Single Households’ Estimates of Alcohol Consumption.
Pierani, Pierpaolo; Tiezzi, Silvia - Dipartimento di Economia Politica e Statistics, … - 2010
A panel of Italian single households is used to test for rational addiction in alcohol consumption. These monthly consumption data raise problems of measurement errors and unobservable heterogeneity. To deal with the zeros in the dependent variable we adopt a specification based on infrequency...
Persistent link: https://www.econbiz.de/10008756142
Cover Image
Revealed Bounded rationality:Testing present bias in a Rational Addiction Equation
Pierani, Pierpaolo; Tiezzi, Silvia - Dipartimento di Economia Politica e Statistics, … - 2012
This paper deals with one of the main theoretical and empirical problems associated with the rational addiction model, namely that the demand equation derived from the rational addiction theory is not empirically distinguishable from models with forward-looking behavior, but with...
Persistent link: https://www.econbiz.de/10010641399
Cover Image
An empirical analysis of tobacco addiction in Italy
Tiezzi, Silvia - In: The European Journal of Health Economics 6 (2005) 3, pp. 233-243
Persistent link: https://www.econbiz.de/10009404185
Cover Image
Eggs When Young, Chicken When Old. Time Consistency and Addiction over the Life Cycle
Piccoli, Luca; Tiezzi, Silvia - 2023
This paper tests whether young and adult smokers have different time preferences, in particular with respect to time consistency. The recent introduction of Tobacco 21 law in the US were in part motivated by allegedly inconsistent time preferences of the young consumers. This research...
Persistent link: https://www.econbiz.de/10014377275
Cover Image
Rational Addiction and Time Consistency: An Empirical Test
Piccoli, Luca; Tiezzi, Silvia - 2020
This paper deals with one of the main empirical problems associated with the rational addiction theory, namely that its derived demand equation is not empirically distinguishable from models with forward looking behavior, but with time inconsistent preferences. The implication is that, even when...
Persistent link: https://www.econbiz.de/10012180099
Cover Image
Rational addiction and time consistency : an empirical test
Piccoli, Luca; Tiezzi, Silvia - 2020
This paper deals with one of the main empirical problems associated with the rational addiction theory, namely that its derived demand equation is not empirically distinguishable from models with forward looking behavior, but with time inconsistent preferences. The implication is that, even when...
Persistent link: https://www.econbiz.de/10012160910
Cover Image
Eggs when young, chicken when old : time consistency and addiction over the life cycle
Piccoli, Luca; Tiezzi, Silvia - 2023
This paper tests whether young and adult smokers have different time preferences, in particular with respect to time consistency. The recent introduction of Tobacco 21 law in the US were in part motivated by allegedly inconsistent time preferences of the young consumers. This research...
Persistent link: https://www.econbiz.de/10014326453
Cover Image
Rational addiction and time-consistency : an empirical test
Piccoli, Luca; Tiezzi, Silvia - In: Journal of health economics 80 (2021), pp. 1-15
Persistent link: https://www.econbiz.de/10013179348