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The Economic Analysis of Substance Use and Abuse Book PDF Summary

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.

Detail Book of The Economic Analysis of Substance Use and Abuse PDF

The Economic Analysis of Substance Use and Abuse
  • Author : Frank J. Chaloupka
  • Release : 15 February 2009
  • Publisher : University of Chicago Press
  • ISBN : 9780226100494
  • Genre : Business & Economics
  • Total Page : 398 pages
  • Language : English
  • PDF File Size : 11,6 Mb

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