The economics of addiction
نویسندگان
چکیده
منابع مشابه
Rational addiction to alcohol: panel data analysis of liquor consumption.
Utilizing a panel data set of 42 states over the period 1959-1994, this paper estimates a rational addiction model for liquor consumption for the US. The empirical evidence is consistent with the rational addiction hypothesis proposed by Becker and Murphy. However, the results are sensitive to the assumption of homogeneity across states or over time.
متن کاملLegal, Psychological and Medical Aspects of Drug Addiction
Drug addiction ranks with medical economics as one of the most contentious and emotionally-charged subjects on the current medical-scene. This situation in North America was well described in June 1963 by Senator Jacob Javits of New York, who called it a state of seemingly endless drift, characterized by indecision, uncertainty and controversy. There is practically unanimous agreement between m...
متن کاملWhat Price Drug Use? The Contribution of Economics to an Evidence-Based Drugs Policy
This paper presents a review of the recent economics literature in the area of illicit drug use. Particular attention is paid to the economics of addiction and the rational addiction model, the welfare economics framework for analysing the social costs of drug use, and the attempts that have been made by economists to evaluate recent or proposed policy interventions. A dominant theme in this re...
متن کاملAn empirical analysis of milk addiction.
We show the estimable rational addiction model tends to yield spurious evidence in favor of the rational addiction hypothesis when aggregate data are used. Direct application of the canonical model yields results seemingly indicative that non-addictive commodities such as milk, eggs, and oranges are rationally addictive. Monte Carlo simulation demonstrates that such results are likely to obtain...
متن کاملAn empirical analysis of habit and addiction to antibiotics
Because of bacterial resistance, current antibiotic consumption is reinforced by past use, and future utility is lower. The purpose of this article is to provide evidence on habit and addictive behavior toward antibiotics by exploring variations in the average consumption of antibiotics across 20 Italian regions. Using a balanced panel dataset (2000-2009), we estimate myopic and rational addict...
متن کاملA quasi-hyperbolic discounting approach to smoking behavior
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 f...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
دوره شماره
صفحات -
تاریخ انتشار 2001