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The Fragile Politics of Addiction

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  • Levy, David M

Abstract

Suppose the optimizing consumer only has local information, then what? Obviously, there will be a random element of consumption. The link between the frequency distribution of consumption by person and preference surface is worked out. Under convex preferences there will be a unimodal distribution and conversely. A local optimizing theory of addictive behavior is developed from nonconvex preferences. The resulting bimodal distribution of consumption implies a nonrobust outcome for median voter politics. Such a local optimizing model of addiction is compared with globally optimizing models of addiction. Copyright 1994 by Kluwer Academic Publishers

Suggested Citation

  • Levy, David M, 1994. "The Fragile Politics of Addiction," Public Choice, Springer, vol. 81(3-4), pages 263-275, December.
    • Handle: RePEc:kap:pubcho:v:81:y:1994:i:3-4:p:263-75
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    Cited by:

    1. Levy David M., 1995. "Stigler's Revival Of Mandevelle: A "Mistake" Free Theory Of Society," Journal des Economistes et des Etudes Humaines, De Gruyter, vol. 6(4), pages 1-14, December.
    2. Sophie Massin, 2011. "La notion d'addiction en économie : La théorie du choix rationnel à l'épreuve," Revue d'économie politique, Dalloz, vol. 121(5), pages 713-750.
    3. Jones, Andrew M., 1999. "Adjustment costs, withdrawal effects, and cigarette addiction," Journal of Health Economics, Elsevier, vol. 18(1), pages 125-137, January.
    4. Frank, Bjorn, 1996. "The use of internal games: The case of addiction," Journal of Economic Psychology, Elsevier, vol. 17(5), pages 651-660, November.

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