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Literature DB >> 10180926

The demand for cocaine by young adults: a rational addiction approach.

Abstract

This paper applies the rational addiction model to the demand for cocaine by young adults in the Monitoring the Future panel. The price of cocaine is added to this survey from the Drug Enforcement Administration's System to Retrieve Information from Drug Evidence. Results suggest that annual participation and frequency of use given participation are negatively related to the price of cocaine. In addition, current participation (frequency) is positively related to past and future participation (frequency). The long-run price elasticity of total consumption (participation multiplied by frequency given participation) of -1.35 is substantial.

Entities: Chemical

Mesh：

Substances：
Cocaine

Year: 1998 PMID： 10180926 DOI： 10.1016/s0167-6296(97)00046-5

Source DB: PubMed Journal: J Health Econ ISSN： 0167-6296 Impact factor: 3.883

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Cited

16 in total

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Review 4. What is learned from longitudinal studies of advertising and youth drinking and smoking? A critical assessment.

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Review 5. That instrument is lousy! In search of agreement when using instrumental variables estimation in substance use research.

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6. Do high vs. low purchasers respond differently to a nonessential energy-dense food tax? Two-year evaluation of Mexico's 8% nonessential food tax.

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The demand for cocaine by young adults: a rational addiction approach.

1. Previous cocaine exposure makes rats hypersensitive to both delay and reward magnitude.

2. The War on Drugs: Methamphetamine, Public Health, and Crime.

3. The Web-Surf Task: A translational model of human decision-making.

Review 4. What is learned from longitudinal studies of advertising and youth drinking and smoking? A critical assessment.

Review 5. That instrument is lousy! In search of agreement when using instrumental variables estimation in substance use research.

6. Do high vs. low purchasers respond differently to a nonessential energy-dense food tax? Two-year evaluation of Mexico's 8% nonessential food tax.

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