Is Addiction "Rational"? Theory and Evidence
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- 1 November 2001
- journal article
- Published by Oxford University Press (OUP) in The Quarterly Journal of Economics
- Vol. 116 (4) , 1261-1303
- https://doi.org/10.1162/003355301753265570
Abstract
This paper makes two contributions to the modeling of addiction. First, we provide new and convincing evidence that smokers are forward-looking in thKeywords
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