[ExI] Rationality and Irrationality
Kevin Freels
kevin at kevinfreels.com
Tue Dec 18 23:04:51 UTC 2007
>
> I'm not sure what you mean by your second question but, yes, there's been
> public health research that shows raising the price of smokes decreases the
> number of smokers. This effect is not population wide, as you might imagine,
> those most price sensitive and who have been smoking the fewest number of
> years are most likely to quit when faced with a price hike. In other words,
> this approach is most successful with adolescents (especially when combined
> with peer pressure memes) and least successful with high income long-time
> smokers. Needless to say, raising the tax on cigs also enlarges the black
> market but overall, the number of smokers do decrease.
>
> Josh
>
>
Thanks. I wasn;t sure. Looks like most of the people I am around are in
fact older with higher incomes and less likely to quit. Do you have any
links to any of these studies?
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