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model where individuals, with and without pain, choose whether to misuse opioids knowing the probabilities of addiction and …-college educated that summarize the transitions into and out of opioid addiction as well as to a deadly overdose. We construct a …
Persistent link: https://www.econbiz.de/10012887735
Since the end of the eighties the Becker and Murphy model of rational addiction has been the dominant approach to … estimate addiction effects. A rational addictive consumer, a smoker for instance, is supposed to maximize over the life cycle a … stable utility function and to be fully aware of the future consequences of her addiction and chooses to be an addicted …
Persistent link: https://www.econbiz.de/10014094264
Duty-orientation implies a warm glow of giving as well as a cold shiver of not giving enough. If duty-oriented consumers learn their moral responsibility by observing others' behavior, social interaction in contribution behavior arises. However, since moral responsibility is a burden,...
Persistent link: https://www.econbiz.de/10014219104
Several studies have demonstrated that individual contributions to public goods are increasing in others’ contributions. The underlying causes for this, however, are not yet fully understood. We present a model of duty-orientation in which moral responsibility is learned through observations...
Persistent link: https://www.econbiz.de/10010284327
Persistent link: https://www.econbiz.de/10011985698
This paper provides an empirical test of the rational addiction model, used in economics to model individuals …
Persistent link: https://www.econbiz.de/10011764676
Persistent link: https://www.econbiz.de/10011772750
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Persistent link: https://www.econbiz.de/10002477593
This paper examines the demand for attendance at National Football League (NFL) games using a rational addiction model … to test the hypothesis that professional football displays the properties of a habit-forming good. Rational addiction … display characteristics of rational addiction in their consumption behavior …
Persistent link: https://www.econbiz.de/10014068830