The Economic Analysis of Substance Use and Abuse: An Integration of Econometric and Behavioral Economic Research

Author:   Frank J. Chaloupka ,  Michael Grossman ,  Warren K. Bickel ,  Henry Saffer
Publisher:   The University of Chicago Press
Volume:   1999
ISBN:  

9780226100470


Pages:   393
Publication Date:   01 August 1999
Format:   Hardback
Availability:   Out of stock   Availability explained
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The Economic Analysis of Substance Use and Abuse: An Integration of Econometric and Behavioral Economic Research


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Overview

Conventional wisdom once held that the demand for addictive substances like cigarettes, alcohol, and drugs was unlike that for any other economic good and, therefore, unresponsive to traditional market forces. Recently, however, researchers from two disparate fields, economics and behavioral psychology, have found that increases in the overall price of an addictive substance can significantly reduce both the number of users and the amounts those users consume. Changes in the ""full price"" of addictive substances—including monetary value, time outlay, effort to obtain, and potential penalties for illegal use—yield marked variations in behavioral outcomes and demand. The Economic Analysis of Substance Use and Abuse brings these distinctive fields of study together and presents for the first time an integrated assessment of their data and results. Unique and innovative, this multidisciplinary volume will serve as an important resource in the current debates concerning alcohol and drug use and abuse and the impacts of legalizing illicit drugs.

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Author:   Frank J. Chaloupka ,  Michael Grossman ,  Warren K. Bickel ,  Henry Saffer
Publisher:   The University of Chicago Press
Imprint:   University of Chicago Press
Volume:   1999
Dimensions:   Width: 1.70cm , Height: 0.30cm , Length: 2.40cm
Weight:   0.680kg
ISBN:  

9780226100470


ISBN 10:   0226100472
Pages:   393
Publication Date:   01 August 1999
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Hardback
Publisher's Status:   Active
Availability:   Out of stock   Availability explained
The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available.

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