Addiction as Extreme-Seeking
This paper examines addictive and compulsive behavior within a new framework in an effort to establish a stronger link to t he psychological and sociological literature on the subject. Individu als who suffer an addiction are not the classic homo economicus of te xtbooks, but are instead extreme-seekers. Concavities in indifference curves provide a simple characterization of extreme-seeking. The con sequences of consumption which is physiologically or psychologically addicting and which threatens the individual's health are modeled in terms of capital and threshold effects. The model is then used, tenta tively, to assess policies aimed at controlling substance abuse. Copyright 1988 by Oxford University Press.
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
Volume (Year): 26 (1988)
Issue (Month): 1 (January)
|Contact details of provider:|| Postal: Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK|
Fax: 01865 267 985
Web page: http://ei.oupjournals.org/
More information through EDIRC
|Order Information:||Web: http://www.oup.co.uk/journals|
When requesting a correction, please mention this item's handle: RePEc:oup:ecinqu:v:26:y:1988:i:1:p:89-106. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.