The Economics of Addictive Behaviours Volume I

Abstract This is the first volume of The Economics of Addictive Behaviours which consists of four separate volumes. The present volume deals with the private and social costs of smoking and their remedies. The next three volumes deal with the abuse of alcohol and illicit drugs and the social costs of overeating. The first volume discusses smoking as a behavioural disease, followed by a discussion on the social and private costs of smoking. A detailed analysis of second-hand tobacco smoke exposure will then follow, including a discussion on free choice and the market. An analysis of various restrictive policies and economic remedies to reduce smoking will then follow, including the Pigovian tax. Finally, this volume will conclude with a discussion on corporate social responsibility.