Dipendenza razionale e consumo di tabacco: teoria ed evidenza empirica
AbstractThe model of rational addiction is currently the dominant approach to addiction. A rational addicted consumer, a smoker for instance, maximizes a stable utility function over the life cycle so as to be fully aware of the future consequences of his or her addiction. An implication is that the additional public health costs smokers impose on non-smokers could be internalized using price mechanisms, because the long run price elasticity of demand is supposed to be higher than the short run one. This work tries to assess whether this idea is well grounded, focusing on smoking behavior.
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Bibliographic InfoArticle provided by SIPI Spa in its journal Rivista di Politica Economica.
Volume (Year): 94 (2004)
Issue (Month): 2 (March-April)
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Find related papers by JEL classification:
- D11 - Microeconomics - - Household Behavior - - - Consumer Economics: Theory
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
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