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 …

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 …

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 …