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Economic Analysis of Substance Use and Abuse: An Integration of Econometric and Behavioral Economic Research [Hardback]

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Economic Analysis of Substance Use and Abuse: An Integration of Econometric and Behavioral Economic ResearchPalielināt
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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.



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.



Acknowledgments xi Introduction 1(14) Frank J. Chaloupka Michael Grossman Warren K. Bickel Henry Saffer I. CIGARETTE SMOKING AND OTHER TOBACCO USE Tobacco Taxes, Smoking Restrictions, and Tobacco Use 15(16) Robert L. Ohsfeldt Raymond G. Boyle Eli I. Capilouto The Behavioral Economics of Smoking 31(44) Warren K. Bickel Gregory J. Madden Kenneth E. Warner Neil E. Grunberg II. ALCOHOL USE AND ABUSE The Effects of Price Changes on Alcohol Consumption in Alcohol-Experienced Rats 75(28) Jeffrey K. Sarbaum Solomon W. Polachek Norman E. Spear Delayed-Reward Discounting in Alcohol Abuse 103(30) Rudy E. Vuchinich Cathy A. Simpson Michael E. Hilton Thomas F. Babor III. ILLICIT DRUG USE The Demand for Cocaine and Marijuana by Youth 133(24) Frank J. Chaloupka Michael Grossman John A. Tauras Applying Behavioral Economics to the Challenge of Reducing Cocaine Abuse 157(30) Stephen T. Higgins Jonathan P. Caulkins David Shurtleff IV. POLYDRUG USE Demographic Differentials in the Demand for Alcohol and Illicit Drugs 187(26) Henry Saffer Frank J. Chaloupka A Behavioral Economic Analysis of Polydrug Abuse in Heroin Addicts 213(38) Nancy M. Petry Warren K. Bickel A. Thomas McLellan Mark A. R. Kleiman V. SUBSTANCE ABUSE AND EMPLOYMENT Are Alcoholics in Bad Jobs? 251(28) Donald S. Kenkel Ping Wang Employment as a Drug Abuse Treatment Intervention: A Behavioral Economic Analysis 279(32) Kenneth Silverman Elias Robles John Mullahy Sharon M. Hall VI. SUBSTANCE USE AND INCOME Income Alters the Relative Reinforcing Effects of Drug and Nondrug Reinforcers 311(16) Marilyn E. Carroll Does Drug Use Cause Poverty? 327 Robert Kaestner Christopher J. Ruhm Steven R. Hursh