Cigarettes and addiction information: new evidence in support of the rational addiction model
A 1979 U.S. Surgeon General's report provided the first conclusive public information of nicotine's addictive effects. We test the hypothesis that cigarette demand was of a "myopic" nature prior to 1979, but forward-looking, or "rational," thereafter.
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University of Chicago - George G. Stigler Center for Study of Economy and State
41, Chicago - Center for Study of Economy and State.
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