Kang, Myong-Il; Ikeda, Shinsuke - 2010
By combining our broad panel survey of Japanese adults from 2005 to 2008 and actual cigarette tax data, we investigate … how smoking behavior including responses to tax hikes depends on time discounting and its biases, such as hyperbolic … future tax hike, they postpone smoking moderation until the tax hike actually takes place. Finally, the government's revenue …