A standard model of addictive process is Becker and Murphy's rational addiction' model, which has the key empirical … per pack of cigarettes should be at least one dollar higher under our formulation than in the rational addiction case …

A standard model of addictive process is Becker and Murphy's rational addiction' model, which has the key empirical … per pack of cigarettes should be at least one dollar higher under our formulation than in the rational addiction case …

This paper examines the role of addiction in influencing the demand for e-cigarettes using the Nielsen Retail Scanner … Data and the Nielsen Consumer Panel Data between 2012 and 2017. With a comparison of a myopic addiction model, a forward …-looking model, and a rational addiction model, this paper tests whether the consumption of e-cigarettes is addictive and rational …