nicotine per cigarette. Our study makes two important contributions. First, as smoking more intensively a given cigarette is … detrimental to health, our results question the usefulness of tax increases. Second, we develop a model of rational addiction … where agents can also adjust their intensity of smoking and we show that the previous empirical results suffer from severe …

Risky health behaviors such as smoking, drinking alcohol, drug use, unprotected sex, and poor diets and sedentary …

influence each other in their decision to consume an addictive good. An agent's decision is sensitive to her state of addiction … opposite effect. Furthermore, I explore the effect of networks on diffusion of addiction and, using simulations, find that … addiction spreads faster in an environment where there are few strong links than in one with many weak links. …

In this paper I unify the economic theories of addiction and health deficit accumulation and develop a life cycle … longevity. I distinguish two types of addiction: perfect and common. Individuals with perfect addiction perfectly control their … addiction. Individuals with common addiction, though otherwise rational and forward looking, fail to fully understand how their …

accumulation with the theory of addiction. Chronic pain is conceptualized as a persistent negative shock to lifetime utility that … can be treated by pain relief medication. Individuals treated with opioid pain relievers (OPR) develop addiction, which … to identify fully rational and imperfectly rational addiction behavior. Fully rational addicts quickly quit OPR use when …

community in which individuals are heterogenous with respect to the experience of chronic pain and susceptibility to addiction …). In the second period they consider whether to continue non-medical opioid use to feed an addiction. Non-medical opioid … opioid epidemic is conceptualized as the transition from an equilibrium at which opioid use is low and addiction is highly …

accumulation with the theory of addiction. Chronic pain is conceptualized as a persistent negative shock to lifetime utility that … can be treated by pain relief medication. Some individuals treated with opioid pain relievers develop addiction, which …. Nevertheless, individuals prefer opioid treatment if they fail to understand how it causes addiction. Once individuals are …