The Fragile Politics of Addiction.

B-Tier
Journal: Public Choice
Year: 1994
Volume: 81
Issue: 3-4
Pages: 263-75

Score contribution per author:

2.011 = (α=2.01 / 1 authors) × 1.0x B-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

Suppose the optimizing consumer only has local information, then what? Obviously, there will be a random element of consumption. The link between the frequency distribution of consumption by person and preference surface is worked out. Under convex preferences there will be a unimodal distribution and conversely. A local optimizing theory of addictive behavior is developed from nonconvex preferences. The resulting bimodal distribution of consumption implies a nonrobust outcome for median voter politics. Such a local optimizing model of addiction is compared with globally optimizing models of addiction. Copyright 1994 by Kluwer Academic Publishers

Technical Details

RePEc Handle
repec:kap:pubcho:v:81:y:1994:i:3-4:p:263-75
Journal Field
Public
Author Count
1
Added to Database
2026-01-25