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We use a framework suggested by a model of rational addiction to analyze empirically the demand for cigarettes. The … results provide support for the implications of a rational addiction model that cross price effects are negative (consumption … estimates illustrate the importance of the intertemporal linkages in cigarette demand implied by rational addictive behavior …
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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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reciprocal causal effects of addiction and education. Variations in endowments and cigarette prices are sources of identification …We develop and estimate a life-cycle model in a rational addiction framework where youth choose to smoke, attend school …. We show that education causally reduces smoking. A counterfactual experiment finds that in absence of cigarettes, college …
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levels of addiction. We find no impacts on initiation, which could be partly explained by the fact that smoking initiation …Current evidence is still mixed regarding the effectiveness of smoking bans for reducing firsthand smoking. We provide … novel insights about their effects on young adults' smoking prevalence, initiation and cessation. We also highlight the …
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A standard model of addictive process is Becker and Murphy's rational addiction' model, which has the key empirical … the inconsistent preferences which are likely to provide a much better platform for understanding the smoking decision. We … per pack of cigarettes should be at least one dollar higher under our formulation than in the rational addiction case …
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