The theory of Rational Addiction

Addiction ◽  
2019 ◽  
Vol 115 (1) ◽  
pp. 184-187 ◽  
Author(s):  
Ole Rogeberg
Keyword(s):  
2002 ◽  
Vol 11 (6) ◽  
pp. 485-491 ◽  
Author(s):  
Badi H. Baltagi ◽  
James M. Griffin

2015 ◽  
Vol 40 (2) ◽  
pp. 163-190 ◽  
Author(s):  
Concetta Castiglione ◽  
Davide Infante

2005 ◽  
Vol 49 (3) ◽  
pp. 273-293 ◽  
Author(s):  
C. Gavrila ◽  
G. Feichtinger ◽  
G. Tragler ◽  
R.F. Hartl ◽  
P.M. Kort

1996 ◽  
Vol 104 (5) ◽  
pp. 1100-1104 ◽  
Author(s):  
Nilss Olekalns ◽  
Peter Bardsley

2001 ◽  
Vol 7 (2) ◽  
pp. 78-82
Author(s):  
John F.P. Bridges
Keyword(s):  

2006 ◽  
Vol 24 (3) ◽  
pp. 370-381 ◽  
Author(s):  
NATSUKO IWASAKI ◽  
CAROL HORTON TREMBLAY ◽  
VICTOR J. TREMBLAY

2006 ◽  
Vol 96 (4) ◽  
pp. 1013-1028 ◽  
Author(s):  
Jérôme Adda ◽  
Francesca Cornaglia

This paper analyses the compensatory behavior of smokers. Exploiting data on cotinine concentration—a metabolite of nicotine—measured in a large population of smokers over time, we show that smokers compensate for tax hikes by extracting more nicotine per cigarette. Our study makes two important contributions. First, as smoking a given cigarette more intensively is detrimental to health, our results question the usefulness of tax increases. Second, we develop a model of rational addiction where agents can also adjust their intensity of smoking, and we show that the previous empirical results suffer from estimation biases.


2011 ◽  
Vol 2011 ◽  
pp. 1-13 ◽  
Author(s):  
Agnieszka Bielinska-Kwapisz ◽  
Zofia Mielecka-Kubien

This study examines changes in alcohol consumption and its adverse effects in Poland from 1950 to 2005. First, we estimate the total alcohol demand function and test Becker and Murphy's (1988) rational addiction model. Next, we explore substitution effects between beer, wine, and spirits and report income and own- and cross-price elasticities of demand for beer, wine, and spirits. Finally, we examine some adverse effects of alcohol consumption: traffic accidents, suicide rates, and vandalism rates. In particular, the effect of lowering the blood alcohol level limit (BAC) on traffic accidents is estimated.


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