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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

Abstract

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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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    References listed on IDEAS

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    1. George Loewenstein & Ted O'Donoghue & Matthew Rabin, 2003. "Projection Bias in Predicting Future Utility," The Quarterly Journal of Economics, Oxford University Press, vol. 118(4), pages 1209-1248.
    2. Loewenstein, George & Adler, Daniel, 1995. "A Bias in the Prediction of Tastes," Economic Journal, Royal Economic Society, vol. 105(431), pages 929-937, July.
    3. Matthew Rabin & Ted O'Donoghue, 1999. "Doing It Now or Later," American Economic Review, American Economic Association, vol. 89(1), pages 103-124, March.
    4. David Laibson, 2001. "A Cue-Theory of Consumption," The Quarterly Journal of Economics, Oxford University Press, vol. 116(1), pages 81-119.
    5. 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.
    6. 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.
    7. 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.
    8. Jonathan Gruber & Botond Köszegi, 2001. "Is Addiction "Rational"? Theory and Evidence," The Quarterly Journal of Economics, Oxford University Press, vol. 116(4), pages 1261-1303.
    9. 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.
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    Cited by:

    1. 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.
    2. 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.
    3. 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.
    4. 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.
    5. Jonathan D. Cohen & Keith Marzilli Ericson & David Laibson & John Myles White, 2016. "Measuring Time Preferences," NBER Working Papers 22455, National Bureau of Economic Research, Inc.

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