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Altered states: The impact of immediate craving on the valuation of current and future opioids

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  • Badger, Gary J.
  • Bickel, Warren K.
  • Giordano, Louis A.
  • Jacobs, Eric A.
  • Loewenstein, George
  • Marsch, Lisa

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Suggested Citation

  • Badger, Gary J. & Bickel, Warren K. & Giordano, Louis A. & Jacobs, Eric A. & Loewenstein, George & Marsch, Lisa, 2007. "Altered states: The impact of immediate craving on the valuation of current and future opioids," Journal of Health Economics, Elsevier, vol. 26(5), pages 865-876, September.
    • Handle: RePEc:eee:jhecon:v:26:y:2007:i:5:p:865-876
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    1. Jonathan Gruber, 2001. "Youth Smoking in the 1990's: Why Did It Rise and What Are the Long-Run Implications?," American Economic Review, American Economic Association, vol. 91(2), pages 85-90, May.
    2. Matthew Rabin & Ted O'Donoghue, 1999. "Doing It Now or Later," American Economic Review, American Economic Association, vol. 89(1), pages 103-124, March.
    3. Read, Daniel & van Leeuwen, Barbara, 1998. "Predicting Hunger: The Effects of Appetite and Delay on Choice, , , ," Organizational Behavior and Human Decision Processes, Elsevier, vol. 76(2), pages 189-205, November.
    4. Jonathan Gruber & Botond Köszegi, 2001. "Is Addiction "Rational"? Theory and Evidence," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(4), pages 1261-1303.
    5. George Loewenstein & Ted O'Donoghue & Matthew Rabin, 2003. "Projection Bias in Predicting Future Utility," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 118(4), pages 1209-1248.
    6. B. Douglas Bernheim & Antonio Rangel, 2004. "Addiction and Cue-Triggered Decision Processes," American Economic Review, American Economic Association, vol. 94(5), pages 1558-1590, December.
    7. Loewenstein, George & Adler, Daniel, 1995. "A Bias in the Prediction of Tastes," Economic Journal, Royal Economic Society, vol. 105(431), pages 929-937, July.
    8. David Laibson, 2001. "A Cue-Theory of Consumption," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(1), pages 81-119.
    9. Orphanides, Athanasios & Zervos, David, 1995. "Rational Addiction with Learning and Regret," Journal of Political Economy, University of Chicago Press, vol. 103(4), pages 739-758, August.
    10. Becker, Gary S & Murphy, Kevin M, 1988. "A Theory of Rational Addiction," Journal of Political Economy, University of Chicago Press, vol. 96(4), pages 675-700, August.
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    Cited by:

    1. Guilhem Lecouteux, 2021. "Reconciling Normative and Behavioural Economics: The Problem that Cannot be Solved," GREDEG Working Papers 2021-27, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    2. Kaufmann, Marc, 2022. "Projection bias in effort choices," Games and Economic Behavior, Elsevier, vol. 135(C), pages 368-393.
    3. White, Justin S. & Basu, Sanjay, 2016. "Does the benefits schedule of cash assistance programs affect the purchase of temptation goods? Evidence from Peru," Journal of Health Economics, Elsevier, vol. 46(C), pages 70-89.
    4. Myrseth, Kristian Ove R. & Wollbrant, Conny E., 2013. "A theory of self-control and naïveté: The blights of willpower and blessings of temptation," Journal of Economic Psychology, Elsevier, vol. 34(C), pages 8-19.
    5. Daniel Kahneman & Richard H. Thaler, 2006. "Anomalies: Utility Maximization and Experienced Utility," Journal of Economic Perspectives, American Economic Association, vol. 20(1), pages 221-234, Winter.
    6. Yamane, Shoko & Yoneda, Hiroyasu & Takahashi, Taiki & Kamijo, Yoshio & Komori, Yasuhiro & Hiruma, Fumihiko & Tsutsui, Yoshiro, 2013. "Smokers, smoking deprivation, and time discounting," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 45(C), pages 47-56.
    7. Kaufmann, Marc & Machado, Joël & Verheyden, Bertrand, 2021. "Why Do Migrants Stay Unexpectedly? Misperceptions and Implications for Integration," IZA Discussion Papers 14155, Institute of Labor Economics (IZA).
    8. Jonathan Cohen & Keith Marzilli Ericson & David Laibson & John Myles White, 2020. "Measuring Time Preferences," Journal of Economic Literature, American Economic Association, vol. 58(2), pages 299-347, June.

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