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Lernen und Lebensstilwandel in Transformationsökonomien

  • Marschall, Paul
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    This paper discusses consequences of changing economic conditions and job characteristics for individual behaviour by means of addiction. The central assumption is that unwanted high consumption of health damaging goods leads to an income loss. If an individual has decided on his consumption path in an absolut rational manner before economic conditions changed, it is possible that he is on a suboptimal high consumption path ex post. If the critical value scatters dynamically around mean, which the individual does not know, a rational person is able to generate an adjustment process which brings him back to the optimal consumption path.

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    File URL: http://econstor.eu/bitstream/10419/48902/1/33408833X.pdf
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    Paper provided by Ernst Moritz Arndt University of Greifswald, Faculty of Law and Economics in its series Wirtschaftswissenschaftliche Diskussionspapiere with number 07/2001.

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    Date of creation: 2001
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    Handle: RePEc:zbw:grewdp:072001
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    Web page: http://www.rsf.uni-greifswald.de/meta/english.html

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    1. W.-J. Beyn, T. Pampel, W.Semmler, 2001. "Dynamic optimization and Skiba sets in economic examples," Computing in Economics and Finance 2001 29, Society for Computational Economics.
    2. Orphanides, Athanasios & Zervos, David, 1995. "Rational Addiction with Learning and Regret," Journal of Political Economy, University of Chicago Press, vol. 103(4), pages 739-58, August.
    3. Lawrence Blume & David Easley, 1993. "Rational Expectations and Rational Learning," Game Theory and Information 9307003, EconWPA.
    4. Muurinen, Jaana-Marja, 1982. "Demand for health: A generalised Grossman model," Journal of Health Economics, Elsevier, vol. 1(1), pages 5-28, May.
    5. Barrett, Garry F, 2002. "The Effect of Alcohol Consumption on Earnings," The Economic Record, The Economic Society of Australia, vol. 78(240), pages 79-96, March.
    6. Smith, L. & Sorensen, P., 1996. "Pathological Outcomes of Observational Learning," Economics Papers 115, Economics Group, Nuffield College, University of Oxford.
    7. Hirschberg, J. & Lye, J.N., 1999. "Wages and Alcohol Consumption, Smoking, Weight Gain and Exercising: Evidence on Australian Men and Women," Department of Economics - Working Papers Series 684, The University of Melbourne.
    8. Suranovic, Steven M. & Goldfarb, Robert S. & Leonard, Thomas C., 1999. "An economic theory of cigarette addiction," Journal of Health Economics, Elsevier, vol. 18(1), pages 1-29, January.
    9. 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.
    10. Orphanides, Athanasios & Zervos, David, 1998. "Myopia and Addictive Behaviour," Economic Journal, Royal Economic Society, vol. 108(446), pages 75-91, January.
    11. W. Kip Viscusi & Joni Hersch, 2001. "Cigarette Smokers As Job Risk Takers," The Review of Economics and Statistics, MIT Press, vol. 83(2), pages 269-280, May.
    12. Christophe Deissenberg, Gustav Feichtinger, Willi Semmler and Franz Wirl, 2001. "History Dependence and Global Dynamics in Models with Multiple Equilibria," Computing in Economics and Finance 2001 257, Society for Computational Economics.
    13. Mark Feldman & Michael Spagat, 1995. "Optimal learning with costly adjustent," Economic Theory, Springer, vol. 6(3), pages 439-451.
    14. Dirk Bergemann & Juuso Valimaki, 1996. "Experimentation in Markets," Discussion Papers 1220, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    15. Jones, Andrew M., 1999. "Adjustment costs, withdrawal effects, and cigarette addiction," Journal of Health Economics, Elsevier, vol. 18(1), pages 125-137, January.
    16. Grossman, Michael, 1972. "On the Concept of Health Capital and the Demand for Health," Journal of Political Economy, University of Chicago Press, vol. 80(2), pages 223-55, March-Apr.
    17. Feichtinger, Gustav & Novak, Andreas & Wirl, Franz, 1994. "Limit cycles in intertemporal adjustment models : Theory and applications," Journal of Economic Dynamics and Control, Elsevier, vol. 18(2), pages 353-380, March.
    18. Michael Grossman, 1972. "The Demand for Health: A Theoretical and Empirical Investigation," NBER Books, National Bureau of Economic Research, Inc, number gros72-1.
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