Addiction and Health: How Consumer Goods become Bads?

Yoshida, Ken and Ono-Yoshida, Rie (2022): Addiction and Health: How Consumer Goods become Bads?

Abstract

The purpose of this paper is to discuss addiction from the perspective of relationships between health and addictive behavior, by focusing on delayed symptoms (health effects). Some consumer goods are not simply "good," but have an aspect of "bad," which might cause damage to health a while after consumption. Our study deals with goods which turn into "bads" after a while. In this paper, we first assume that addictive goods can either be good or bad, depending on each individual's situation. Our results indicate that the intake of addictive goods will increase over time. They also imply that individuals who are cautious about the future are less prone to addiction problems, while short-sighted individuals are more likely to suffer from a serious addiction.

• Item Type: MPRA Paper
• Language: English
• Keywords: addiction, addictive goods, health, damage function, subjective discount rate
• Subjects: D - Microeconomics > D1 - Household Behavior and Family Economics > D11 - Consumer Economics: Theory; I - Health, Education, and Welfare > I1 - Health > I12 - Health Behavior

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