We characterize dynamic rational addiction to a harmful product by an informed individual who is connected to a network … individual particularly prone to addiction, who may also abstain from the product, a network contributing to the individual …, or reducing the network's consumption) can prevent addiction if implemented early enough along the individual's optimal …

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 …