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A quasi-hyperbolic discounting approach to smoking behavior

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  • Takanori Ida

Abstract

Addiction has attracted considerable attention in health and behavioral economics, and economists have attempted to understand addiction from the viewpoint of decision making over time. This paper investigates whether two time preference parameters can successfully predict smoking status, including cigarette dependence. Both the present bias and the constant time preference parameters account for smoking behavior status and cigarette dependence. Copyright Ida; licensee Springer 2014

Suggested Citation

  • Takanori Ida, 2014. "A quasi-hyperbolic discounting approach to smoking behavior," Health Economics Review, Springer, vol. 4(1), pages 1-11, December.
  • Handle: RePEc:spr:hecrev:v:4:y:2014:i:1:p:1-11:10.1186/s13561-014-0005-7
    DOI: 10.1186/s13561-014-0005-7
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    References listed on IDEAS

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    16. Denzil G. Fiebig & Michael P. Keane & Jordan Louviere & Nada Wasi, 2010. "The Generalized Multinomial Logit Model: Accounting for Scale and Coefficient Heterogeneity," Marketing Science, INFORMS, vol. 29(3), pages 393-421, 05-06.
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    Cited by:

    1. Philipp Huebler & Andreas Kucher, 2016. "Ashes to ashes, time to time - Parental time discounting and its role in the intergenerational transmission of smoking," Discussion Paper Series 326, Universitaet Augsburg, Institute for Economics.
    2. Paul Calcott & Vladimir Petkov, 2022. "Excessive consumption and present bias," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 74(1), pages 113-134, July.

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    More about this item

    Keywords

    Smoking; Cigarette dependence; Time preference; Present bias; D81; D91; I12;
    All these keywords.

    JEL classification:

    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty
    • D91 - Microeconomics - - Micro-Based Behavioral Economics - - - Role and Effects of Psychological, Emotional, Social, and Cognitive Factors on Decision Making
    • I12 - Health, Education, and Welfare - - Health - - - Health Behavior

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