Dipendenza razionale e consumo di tabacco: teoria ed evidenza empirica

Silvia Tiezzi

Rivista di Politica Economica, 2004, vol. 94, issue 2, 225-

Abstract: The model of rational addiction is currently the dominant approach to addiction. A rational addicted consumer, a smoker for instance, maximizes a stable utility function over the life cycle so as to be fully aware of the future consequences of his or her addiction. An implication is that the additional public health costs smokers impose on non-smokers could be internalized using price mechanisms, because the long run price elasticity of demand is supposed to be higher than the short run one. This work tries to assess whether this idea is well grounded, focusing on smoking behavior.

JEL-codes: D11 D12 D91 (search for similar items in EconPapers)
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:rpo:ripoec:v:94:y:2004:i:2:p:225-

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