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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
In numerous psychology studies, subjects are asked to perform some task a number of times, T. The effect of the choice of T on the associated inference, however, is usually not assessed. We investigate the appropriate choice of T empirically by using data collected in a study on the relationship...
Persistent link: https://www.econbiz.de/10010992961
illustrate applications of these approaches by surveying behavioral studies of policy problems involving saving, addiction, and …
Persistent link: https://www.econbiz.de/10010878010
This paper models the decision to quit smoking like an investment decision where the quitter incurs a sunk withdrawal cost today and forgoes their consumer surplus from cigarettes (invests) and hopes to reap an uncertain reward of better health and therefore higher utility in the future...
Persistent link: https://www.econbiz.de/10010878988
This paper models the decision to quit smoking like an investment decision where the quitter incurs a sunk withdrawal cost today and forgoes their consumer surplus from cigarettes (invests) and hopes to reap an uncertain reward of better health and therefore higher utility in the future...
Persistent link: https://www.econbiz.de/10010879001
jointly affect body weight and addiction to smoking. Focusing on direct and cross-price effects, we compare tobacco taxes and …
Persistent link: https://www.econbiz.de/10010904136
The optimality of supply interventions for addictive drugs is a function of demand responses to price, enforcement costs, and the relative size of external costs. Researchers need credible estimates of demand responses, but most research designs use price series affected by law enforcement...
Persistent link: https://www.econbiz.de/10010904626
This article analyzes the impact of removing the U.S. tobacco program in both a partial and general welfare economics framework. In a partial-equilibrium framework, a consumer taxfunded quota buyout can result in producer gains, consumer losses, net losses resulting from higher prices, and...
Persistent link: https://www.econbiz.de/10010914286
Models of rational addiction suggest that obesity is consistent with time-consistent preferences. Behavioral economists …
Persistent link: https://www.econbiz.de/10010918108
Population growth, an unfinished agenda of communicable diseases and maternal health and nutrition, and the rapid rise of Non-communicable diseases are putting increasing strain on not just the Ministry of Health budget, but also the broader financial position of the government as a whole. These...
Persistent link: https://www.econbiz.de/10010932944