means of addiction. The central assumption is that unwanted high consumption of health damaging goods leads to an income …

We present new evidence on the relationship between health behaviors and experimental measures of risk and time … preferences and introduce evidence that perceived control - a measure incorporated from the health psychology literature - is a … stronger and more consistent predictor of health behaviors than economic preferences. …

In this paper I unify the economic theories of addiction and health deficit accumulation and develop a life cycle … theory in which individuals take into account the fact that the consumption of addictive goods reduces their health and … longevity. I distinguish two types of addiction: perfect and common. Individuals with perfect addiction perfectly control their …