| Literature DB >> 29068191 |
B Douglas Bernheim1,2, Antonio Rangel1,2.
Abstract
We propose a model of addiction based on three premises: (i) use among addicts is frequently a mistake; (ii) experience sensitizes an individual to environmental cues that trigger mistaken usage; (iii) addicts understand and manage their susceptibilities. We argue that these premises find support in evidence from psychology, neuroscience, and clinical practice. The model is tractable and generates a plausible mapping between behavior and the characteristics of the user, substance, and environment. It accounts for a number of important patterns associated with addiction, gives rise to a clear welfare standard, and has novel implications for policy.Mesh:
Substances:
Year: 2004 PMID: 29068191 DOI: 10.1257/0002828043052222
Source DB: PubMed Journal: Am Econ Rev ISSN: 0002-8282