Smoking Today and Stopping Tomorrow: A Limited Foresight Perspective
Philippe Jehiel () and
Andrew Lilico
No 2603, CESifo Working Paper Series from CESifo
Abstract:
This paper considers an intertemporal decision problem in which the agent has limited foresight. It offers an interpretation of why people may smoke when they are young - and arguably have a short horizon of foresight – and refrain from smoking when they get older - and their foresight is better.
JEL-codes: D03 D84 (search for similar items in EconPapers)
Date: 2009
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https://www.cesifo.org/DocDL/cesifo1_wp2603.pdf (application/pdf)
Related works:
Journal Article: Smoking Today and Stopping Tomorrow: a Limited Foresight Perspective (2010) 
Working Paper: Smoking today and stopping tomorrow: a limited foresight perspective (2010)
Working Paper: Smoking today and stopping tomorrow: a limited foresight perspective (2010)
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Persistent link: https://EconPapers.repec.org/RePEc:ces:ceswps:_2603
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