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Product Description: 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...read more (view table of contents, read Amazon.com's description)
By Warren K. Bickel (editor), Frank J. Chaloupka (editor), Michael Grossman (editor) and Henry Saffer (editor)

Hardcover:

9780226100470 | Univ of Chicago Pr, August 1, 1999, cover price $81.00 | About this edition: 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.

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