In this paper, using pseudo panel data we analyze the relation between cigarette and alcoholic beverage consumption … within the rational addiction framework. We believe that pseudo panel data approach has many advantages compared to aggregate … other way around. Moreover, we found that alcohol is a gateway for cigarette which further supports our conclusion …

consumes over time. Addiction, however, is documentedas one of numerous anomalies that the standard theory fails to explain …. The modelsof habit-forming and compulsive consumptions have been suggested as the economicways to analyze addiction. The …, inconsequence, leads to addiction. In particular, I show that the model of habit-formationcan be easily modified to describe …

their smoking choices. I find that US elderly tend to over-emphasize the importance of their genetic makeup but … underestimate the influence of their health-related choices, such as smoking, on their longevity. This finding can partially explain … effects of their genes and health-related choices on their longevity, then the average smoking rate for the age group analyzed …

, protein, alcohol and cigarette consumption, and on diversity of diet. The results from a dynamic empirical model suggest that …