Historique
Chapitre
Individual behaviours and substance use: the role of price
Auteur(s) :
GROSSMAN, M.
Année
2005
Page(s) :
p.15-39
Langue(s) :
Anglais
Éditeur(s) :
Bingley [UK] : Emerald Group
Collection :
Advances in Health Economics and Health Services Research, Vol.16
Refs biblio. :
24
Domaine :
Alcool / Alcohol ; Drogues illicites / Illicit drugs ; Tabac / Tobacco / e-cigarette
Discipline :
MAR (Marchés / Markets)
Résumé :
I discuss economic approaches to the demand for harmfully addictive substances with an emphasis on the role of money prices. First, I examine trends in the real prices and in the prevalence of the use of cigarettes, alcohol, cocaine, heroin, and marijuana in the USA. Then I present estimates of time-series demand functions. Next, I discuss how economists have modified their traditional model of consumer behaviour to incorporate the addictive aspects of illegal substances. I conclude with implications for tax policy and for the lively and contentious debate concerning the legalization of marijuana, cocaine and heroin. [Author's abstract]
Cote :
L01325