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After a discussion of cigarette smoking in the context of the Becker-Murphy (1988) model of rational addictive behavior, demand equations are derived accounting for the tolerance, reinforcement, and withdrawal characteristic of addictive consumption. These are contrasted to equations developed...
Persistent link: https://www.econbiz.de/10012475769
Cigarette demand equations, derived from the Becker-Murphy model of rational addictive behavior, are estimated separately for men and women. These demand equations account for the reinforcement, tolerance, and withdrawal factors characterizing addictive consumption. Results obtained from these...
Persistent link: https://www.econbiz.de/10012475770
In economic analyses of addictive behavior, the consumption of a certain good is termed to be an addiction if an increase in past consumption of the good leads to an increase in current consumption. From policy, legal, and public health perspectives, addictive goods are of interest because the...
Persistent link: https://www.econbiz.de/10013085419
Cigarette demand equations, derived from the Becker-Murphy model of rational addictive behavior, are estimated separately for men and women. These demand equations account for the reinforcement, tolerance, and withdrawal factors characterizing addictive consumption. Results obtained from these...
Persistent link: https://www.econbiz.de/10013312495
After a discussion of cigarette smoking in the context of the Becker-Murphy (1988) model of rational addictive behavior, demand equations are derived accounting for the tolerance, reinforcement, and withdrawal characteristic of addictive consumption. These are contrasted to equations developed...
Persistent link: https://www.econbiz.de/10013224693