Rational Addictive Behavior and Cigarette Smoking
基于Becker-Murphy理性成瘾模型推导香烟需求方程,用美国第二次全国健康与营养调查数据估计,发现吸烟是成瘾的、个体非短视,且价格上涨会减少需求;不同年龄和教育水平的人群短视程度不同。
Cigarette demand equations accounting for tolerance, reinforcement, and withdrawal are derived using the Becker-Murphy model of rational addiction and are estimated using data from the second National Health and Nutrition Examination Survey. Estimates imply that smoking is addictive, individuals are not myopic, and price increases would reduce demand. Implications concerning time preference and addiction are tested by estimating the demand separately for samples based on age and education. Less educated (younger) individuals are found to behave more myopically than more educated (older) individuals, whereas more addicted (myopic) individuals are found to respond more to price, in the long run, than less addicted (myopic) individuals. Copyright 1991 by University of Chicago Press.