Construct · 1 fields · 1 citations

time-inconsistent model of addiction: a standalone construct

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Health economics

a model of addictive consumption with present-biased preferences, implying smokers would welcome taxes that help them follow their own plans.

In health economics, time-inconsistent model of addiction refers to a model of addictive consumption with present-biased preferences, implying smokers would welcome taxes that help them follow their own plans. This meaning comes from Gruber (2001) in The Quarterly Journal of Economics.[1]

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Nearby constructs

consumption3 fields · 5 citationsjingle · one word, three constructs follow1 fields · 1 citationsanchor · a standalone construct model3 fields · 3 citationsjingle · one word, three constructs

References

Gruber, J., & Koszegi, B. (2001). Is Addiction "Rational"? Theory and Evidence. The Quarterly Journal of Economics, 116(4), 1261-1303. https://doi.org/10.1162/003355301753265570

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