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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 …
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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 …
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recoveries or offering rewards for private solutions to social problems that would otherwise encourage a growing addiction to law …
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The economics of addiction -- Smoking can kill you -- Let's drink to your health -- All you can eat -- We know what …
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perception, time preference and forward-looking behaviour in consumption decisions and the effects of these decisions on labour …
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