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 …

The milk addiction paradox refers to an empirical finding in which commodities that are typically considered to be non … and when using aggregate data, and it suggests that the AR(2) model typically used in the addiction literature is prone to … produce spurious result in favor of rational addiction. Using both simulated and real data, we show that the milk addiction …

constructed where individuals choose whether to use opioids recreationally, knowing the probabilities of addiction and dying …-college educated that summarize the transitions into and out of opioid addiction as well as to a deadly overdose. The structural model …

community in which individuals are heterogenous with respect to the experience of chronic pain and susceptibility to addiction …). In the second period they consider whether to continue non-medical opioid use to feed an addiction. Non-medical opioid … opioid epidemic is conceptualized as the transition from an equilibrium at which opioid use is low and addiction is highly …

In this paper I unify the economic theories of addiction and health deficit accumulation and develop a life cycle … longevity. I distinguish two types of addiction: perfect and common. Individuals with perfect addiction perfectly control their … addiction. Individuals with common addiction, though otherwise rational and forward looking, fail to fully understand how their …

addiction benefit because they can switch to a less harmful substance, but opponents argue that this could encourage abstainers … to begin using the harm reduction method or even the original addictive good. This paper builds on theories of addiction …

This paper provides an empirical test of the rational addiction model, used in economics to model individuals …