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Taking Absurd Theories Seriously 3 essays on Rational Choice Theory and Welfare Analysis

Røgeberg, Ole Jørgen - Helseøkonomisk Forskningsprogram (HERO), Universitetet … - 2009

the case of Rational Addiction theory that we have both theoretical and empirical reasons to think that the model fails to …

Persistent link: https://www.econbiz.de/10004980194

Fast Food, Addiction, and Market Power

Richards, Timothy J.; Patterson, Paul M.; Hamilton, … - In: Journal of Agricultural and Resource Economics 32 (2007) 03

Many attribute the rise in obesity since the early 1980's to the overconsumption of fast food. A dynamic model of a different-product industry equilibrium shows that a firm with market power will price below marginal cost in a steady-state equilibrium. A spatial hedonic pricing model is used to...

Persistent link: https://www.econbiz.de/10005525402

Would a Rational Lucy Take Off without Assessing the Probability of a Crash Landing?

Levy, Amnon - In: Eastern Economic Journal 26 (2000) 4, pp. 431-437

A random life expectancy and a positive relationship between the probability of dying and the degree of addiction are … incorporated into a rational addiction model. The Becker-Murphy equality between the addictive commodity's full price and marginal …. The rate of change of the consumption of the addictive commodity is lower than that obtained when the effect of addiction …

Persistent link: https://www.econbiz.de/10005418775

Addictive goods and taxes: A survey from an economic perspective

Badenes-Plá, Nuria; Jones, Andrew M. - In: Hacienda Pública Española (2003) 4, pp. 123-153

efficiency and equity principles. Secondly we present the approaches adopted by economists in the study of addiction and their …

Persistent link: https://www.econbiz.de/10005418956

Addiction and Present-Biased Preferences

Oâ€™Donoghue, Ted; Rabin, Matthew - Institute of Business and Economic Research (IBER), … - 2002

We investigate the role that self-control problems â€” modeled as time-inconsistent, present-biased preferences â€”and a personâ€™s awareness of those problems might play in leading people to develop and maintain harmful addictions. Present-biased preferences create a tendency to...

Persistent link: https://www.econbiz.de/10011131483

The effects of tobacco taxes on health : an analysis of the effects by income quintile and gender in Kazakhstan, the Russian Federation, and Ukraine

Denisova, Irina; Kuznetsova, Polina - Economics Research, World Bank Group - 2014

The main objectives of this paper are to estimate the burden of tobacco-caused mortality as a whole and by main tobacco-related diseases in Kazakhstan, the Russian Federation, and Ukraine, and to assess the distributional health impact of an increase in tobacco taxation in these three countries....

Persistent link: https://www.econbiz.de/10011100429

Addiction to Microcredit: An Obstacle to Social and Financial Mobility

Peprah, James Atta; Koomson, Isaac - Volkswirtschaftliche Fakultät, … - 2014

could be the possible causes of this micro-credit addiction? The objective of this paper was to unravel the causes of what … we call “microcredit addiction” and provide recommendations that will enable the addicted clients to break away from this … the delivery of its core mandate of poverty reduction results in clients’ addiction to micro-credit and, eventually …

Persistent link: https://www.econbiz.de/10011107391

Smoking, Income and Subjective Well-Being: Evidence from Smoking Bans

Brodeur, Abel - Institute for the Study of Labor (IZA) - 2013

This paper investigates the effects of local smoking bans on different out-comes using county and time variation over the last 20 years in the US. First, I find no evidence that local smoking bans in bars, restaurants and workplaces decrease the prevalence of smoking. The estimates are very...

Persistent link: https://www.econbiz.de/10011163480

Graphic Warning Labels on Cigarette Packaging in Canada: A Targeted Commentary on our Limited State of Knowledge

Irvine, Ian - Department of Economics, Concordia University - 2015

A large group of authors with inspiring credentials recently expressed their belief, in the journal Tobacco Control, that the introduction of graphic label warnings (GLWs)on cigarette packages could reduce smoking prevalence in the US by several percentage points, in view of the evidence...

Persistent link: https://www.econbiz.de/10011266950

A synthesis of the Grossman and Becker-Murphy models of health and addiction: theoretical and empirical implications

Jones, A. M.; Laporte, A.; Rice, N.; Zucchelli, E. - Department of Economics and Related Studies, University … - 2014

Becker-Murphy model of rational addiction and the Grossman model of health investment. We define an individual's lifetime … allowing for the presence of an addiction stock and investments in preventive medical care. The resulting system of first …

Persistent link: https://www.econbiz.de/10011086688