Tobacco Regulation and Cost-Benefit Analysis: How Should We Value Foregone Consumer Surplus?
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We thank Abigail Friedman and Don Kenkel for helpful comments. We gratefully acknowledge funding for this project from NIH grant number 5R03CA182990 and, for Levy, from NIA grant number K01AG034232. The funders played no role in the study design, analysis, writing, or the decision to submit the article for publication The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.