[ExI] Rationality and Irrationality

Josh Cowan jcowan5 at sympatico.ca
Wed Dec 19 00:34:33 UTC 2007

Hi Kevin,

   I can't find the study I paraphrased (different job and it wasn't on 
the two back up CD's I thought would have it) but there are plenty of 
other studies out there. You might start with:


The above study is far from perfect and is adolescent focussed but does 
show the effect I referenced.



On Dec 18, 2007, at 6:04 PM, Kevin Freels wrote:

>> 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
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