NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH
loading...

An Assessment of the Forward-Looking Hypothesis of the Demand for Cigarettes

Robert Kaestner, Kevin Callison

NBER Working Paper No. 24620
Issued in May 2018
NBER Program(s):Health Economics

In this article we develop a model of the demand for cigarettes that incorporates forward-looking behavior related to the adverse health consequences of smoking and the addictive nature of cigarettes. The model results in several testable hypotheses that we use to examine the extent to which smokers exhibit forward-looking behavior. Results of our study are generally supportive of the notion that smokers behave in a forward-looking manner.

download in pdf format
   (438 K)

email paper

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w24620

Published: Robert Kaestner & Kevin Callison, 2018. "An Assessment of the Forward-Looking Hypothesis of the Demand for Cigarettes," Southern Economic Journal, vol 85(1), pages 48-70. citation courtesy of

 
Publications
Activities
Meetings
NBER Videos
Themes
Data
People
About

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us