Cigarettes and Addiction Information: New Evidence in Support of the Rational Addiction Model

Aju J. Fenn (), Frances A. Antonovitz and John Raymond Schroeter

Staff General Research Papers from Iowa State University, Department of Economics

Abstract: A 1979 U.S. Surgeon General's report provided the first conclusive public information of nicotine's addictive effects. We test the hypothesis that cigarette demand was of a "myopic" nature prior to 1979, but forward-looking, or "rational," thereafter.

Date: 2001-07-01
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Published in Economics Letters, July 2001, vol. 72 no. 1, pp. 39-45

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Journal Article: Cigarettes and addiction information: new evidence in support of the rational addiction model (2001)
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Persistent link: http://EconPapers.repec.org/RePEc:isu:genres:5117

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