Information, addiction, and 'bad choices': Lessons from a century of cigarettes

Frank A. Sloan, V. Kerry Smith, Donald H. Taylor

Research output: Contribution to journalArticle

24 Scopus citations

Abstract

This study describes government interventions during the 1900s and their effects on cigarette consumption within a rational addiction framework. With annual data for the 20th century, impacts of specific antismoking information events disappear. U.S. per capita cigarette demand changed before any information about health effects of smoking was widely distributed.

Original languageEnglish (US)
Pages (from-to)147-155
Number of pages9
JournalEconomics Letters
Volume77
Issue number2
DOIs
StatePublished - Oct 1 2002

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Keywords

  • Advertising
  • Information
  • Rational addiction
  • Smoking

ASJC Scopus subject areas

  • Finance
  • Economics and Econometrics

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