A Survey of Economic Models of Addictive Behavior
Journal of Drug Issues 28(3), pp. 631-643, (1998)
13 Pages Posted: 12 Mar 2013
Date Written: 1998
In economic analyses of addictive behavior, the consumption of a certain good is termed to be an addiction if an increase in past consumption of the good leads to an increase in current consumption. From policy, legal, and public health perspectives, addictive goods are of interest because the consumption of many of these goods harms the consumer and others.
Keywords: Addictions, drug abuse
JEL Classification: C50
Suggested Citation: Suggested Citation