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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
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.
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Published in Economics Letters, July 2001, vol. 72 no. 1, pp. 39-45
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Persistent link: http://EconPapers.repec.org/RePEc:isu:genres:5117
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