Consumer Behaviour. Does Rational Addiction Exist? - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Consumer Behaviour. Does Rational Addiction Exist? write by Lukas Dauner. This book was released on 2018-03-27. Consumer Behaviour. Does Rational Addiction Exist? available in PDF, EPUB and Kindle. Seminar paper from the year 2018 in the subject Economy - Health Economics, grade: 1,0, University of Hohenheim (Institut für Health Care & Public Management), language: English, abstract: It is proposed by Gary S. Becker and Kevin M. Murphy that addictive behavior could be usefully integrated in the rational choice framework. According to their theory, consumers are forward-looking in their decision making and calculate present and future consequences of consuming an addictive good. Becker and Murphy even claim that analyzing addictions as a rational choice offers new insights and a better understanding of addiction. Earlier economic models typically explain addictions with irrational or myopic behavior in which individuals ignore or highly discount the future when making their decisions. While the rational addiction model has become a standard tool in the economic analysis of addictive behavior, it has also been subject to much criticism. As shown in this paper, there is much evidence that model’s assumptions are unrealistic. It is argued however that the model’s predictions rather than its assumptions should be rejected based on the empirical evidence. By reviewing empirical studies which tested the Becker Murphy model, this paper seeks to examine to what extent the rational choice approach can be legitimately applied to addictive behavior. The model’s assumptions and implications will be explained. later, the main criticisms about the theory will be discussed. After that, the most relevant studies and their implications will be reviewed.
Thinking about Addiction
Thinking about Addiction - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Thinking about Addiction write by Craig Hanson. This book was released on 2009. Thinking about Addiction available in PDF, EPUB and Kindle. What is addiction? Why do some people become addicted while others do not? Is the addict rational? In this book, Craig Hanson attempts to answer these questions and more. Using insights from the beginnings of philosophy to contemporary behavioral economics, Hanson attempts to assess the variety of ways in which we can and cannot, understand addiction. Special consideration is given to a challenging (and controversial) proposal dubbed “hyperbolic discounting.” Hanson proposes some modifications to the hyperbolic discounting view that permit it to explain not only addiction, but also a variety of psychological maladies, such as self-deception.
Rational Addiction with Learning and Regret
Rational Addiction with Learning and Regret - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Rational Addiction with Learning and Regret write by Athanasios Orphanides. This book was released on 1992. Rational Addiction with Learning and Regret available in PDF, EPUB and Kindle.
Choice, Behavioural Economics and Addiction
Choice, Behavioural Economics and Addiction - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Choice, Behavioural Economics and Addiction write by Nick Heather. This book was released on 2003-11-13. Choice, Behavioural Economics and Addiction available in PDF, EPUB and Kindle. Choice, Behavioural Economics and Addiction is about the theory, data, and applied implications of choice-based models of substance use and addiction. The distinction between substance use and addiction is important, because many individuals use substances but are not also addicted to them. The behavioural economic perspective has made contributions to the analysis of both of these phenomena and, while the major focus of the book is on theories of addiction, it is necessary also to consider the behavioural economic account of substance use in order to place the theories in their proper context and provide full coverage of the contribution of behavioural economics to this field of study. The book discusses the four major theories of addiction that have been developed in the area of economic science/behavioural economics. They are: • hyperbolic discounting • melioration • relative addiction • rational addiction The main objective of the book is to popularise these ideas among addiction researchers, academics and practitioners. The specific aims are to articulate the shared and distinctive elements of these four theories, to present and discuss the latest empirical work on substance abuse and addiction that is being conducted in this area, and to articulate a range of applied implications of this body of work for clinical, public health and public policy initiatives. The book is based on an invitation-only conference entitled, Choice, Behavioural Economics and Addiction: Theory, Evidence and Applications held at the University of Alabama at Birmingham, March 30 - April 1, 2001. The conference was attended by prominent scientists and scholars, representing a range of disciplines concerned with theories of addiction and their consequences for policy and practice. The papers in the book are based on the papers given at the above conference, together with commentaries by distinguished experts and, in many cases, replies to these comments by the presenters.
Working Paper Series
Working Paper Series - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Working Paper Series write by Gary Stanley Becker. This book was released on 1991. Working Paper Series available in PDF, EPUB and Kindle.
