Time-Inconsistent Preferences and Excessive Smoking - Cigarette Taxation as a Self-Control Device
نویسنده
چکیده
منابع مشابه
Do Cigarette Taxes Make Smokers Happier?
To measure how policy changes affect social welfare, economists typically look at how policies affect behavior, and use a formal model to infer welfare consequences from the behavioral responses. But when different models can map the same behavior to very different welfare impacts, it becomes hard to draw firm conclusions about many policies. An excellent example of this conundrum is the taxati...
متن کاملEconomic Efficiency and Social Welfare
A framework for the optimal taxation of cigarettes based on economic efficiency is provided here. Fundamentally different views of smoking in the context of addictive behavior result in markedly different estimates of the efficient cigarette tax rate. Based on the rational addiction model, more than half of the states may have increased their cigarette excise tax rates to levels beyond the econ...
متن کاملIs Addiction “rational”? Theory and Evidence*
This paper makes two contributions to the modeling of addiction. First, we provide new and convincing evidence that smokers are forward-looking in their smoking decisions, using state excise tax increases that have been legislatively enacted but are not yet effective, and monthly data on consumption. Second, we recognize the strong evidence that preferences with respect to smoking are time inco...
متن کاملTax incidence when individuals are time-inconsistent: the case of cigarette excise taxes
One of the most cogent criticisms of excise taxes is their regressivity, with lower income groups spending a much larger share of their income on goods such as cigarettes than do higher income groups. We argue that traditional quantity-based measures of incidence are only appropriate under a very restrictive ‘‘time-consistent’’ model of consumption of sin goods. A model that is much more consis...
متن کاملSelf-control, future orientation, smoking, and the impact of Dutch tobacco control measures
Introduction The pronounced discrepancy between smokers' intentions to quit and their smoking behavior has led researchers to suggest that many smokers are time inconsistent, have self-control problems, and may benefit from external efforts to constrain their consumption. This study aims to test whether self-control and future orientation predict smoking levels and to identify if these traits m...
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 2011