By Nick Heather, Rudy E. Vuchinich
Selection, Behavioural Economics and dependancy is ready the speculation, information, and utilized implications of choice-based versions of substance use and dependancy. the excellence among substance use and dependancy is necessary, simply because lots of individuals use elements yet aren't additionally hooked on them. The behavioural fiscal point of view has made contributions to the research of either one of those phenomena and, whereas the main concentration of the ebook is on theories of dependancy, it will be important additionally to think about the behavioural fiscal account of substance use to be able to position the theories of their right context and supply complete insurance of the contribution of behavioural economics to this box of analysis. The ebook discusses the 4 significant theories of habit which were constructed within the sector of monetary science/behavioural economics. They are:. hyperbolic discounting. melioration. relative habit. rational habit the most goal of the e-book is to popularise those rules between dependancy researchers, teachers and practitioners. the explicit goals are to articulate the shared and designated parts of those 4 theories, to offer and speak about the most recent empirical paintings on substance abuse and dependancy that's being performed during this sector, and to articulate a variety of utilized implications of this physique of labor for medical, public wellbeing and fitness and public coverage tasks. The booklet is predicated on an invitation-only convention entitled, selection, Behavioural Economics and dependancy: idea, proof and functions held on the college of Alabama at Birmingham, March 30 - April 1, 2001. The convention was once attended through well-known scientists and students, representing a number of disciplines taken with theories of dependancy and their effects for coverage and perform. The papers within the publication are in keeping with the papers given on the above convention, including commentaries by means of extraordinary specialists and, in lots of circumstances, replies to those reviews through the presenters.
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Extra resources for Choice, Behavioural Economics and Addiction
Sample text
Journal of the Experimental Analysis of Behavior, 55, 145-154. Bickel, W. , Madden, G. , & Petry, N. M. (1998). The price of change: The behavioral economics of drug dependence. Behavior Therapy, 29, 545-565. Bickel, W. , Odum, A. , & Madden, G. J. (1999). Impulsivity and cigarette smoking: Delay discounting in current, never, and ex-smokers. Psychopharmacology, 146, 447-454. Bretteville-Jensen, A. L. (1999). Addiction and discounting. Journal of Health Economics, 18, 393^08. Carroll, M. , Carmona, G.
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Moreover, as discussed earher, behavioural economic research on the discounting-consumption relation has supported a type of a hyperbolic discount function (hyperbolic) inconsistent with the exponential function currently included in rational addiction theory. Rational addiction theorists have been much more concerned with understanding the occurrence of addiction and the effects of price on consumption than with understanding recovery from addiction. Their focus on the effects of price on consumption indicates that price increases would lead to consumption reductions or termination in some individuals, although the logic of this suggestion has been disputed (Neri & Heather 1995).
