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Cigarette Smoking in Japan: Examination of Myopic and Rational Models of Addictive Behavior

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Abstract

Myopic and rational addiction models are employed to investigate cigarette consumption in Japan using aggregate time-series data. The estimations provide support for the rational addiction models. Therefore, we conclude that addiction of Japanese cigarette smokers is not a result of myopic consumer behavior, but future effects are considered in their current decisions.

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Luo, F., Abdel-Ghany, M. & Ogawa, I. Cigarette Smoking in Japan: Examination of Myopic and Rational Models of Addictive Behavior. Journal of Family and Economic Issues 24, 305–317 (2003). https://doi.org/10.1023/A:1025451506498

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