Improved risk information, the demand for cigarettes, and anti-tobacco policy

Authors
Citation
P. Zweifel, Improved risk information, the demand for cigarettes, and anti-tobacco policy, J RISK UNC, 23(3), 2001, pp. 299-303
Citations number
5
Categorie Soggetti
Economics
Journal title
JOURNAL OF RISK AND UNCERTAINTY
ISSN journal
08955646 → ACNP
Volume
23
Issue
3
Year of publication
2001
Pages
299 - 303
Database
ISI
SICI code
0895-5646(200111)23:3<299:IRITDF>2.0.ZU;2-R
Abstract
This paper purports to develop a simple microeconomic model designed to she d light on behavioral change induced by improved information about smoking risks. It predicts the conditions in which improved information indeed incr eases the demand for cigarettes. After recalling the economic rationale of an anti-tobacco policy, the article points out a few startling implications of improved information about the risks of smoking.