Rational Addiction Evidence From Carbonated Soft Drinks

dc.creatorXiaoou, Liu
dc.date2017-04-01T20:13:11Z
dc.date.accessioned2026-07-09T04:49:50Z
dc.descriptionThis paper applies the Becker-Murphy (1988) theory of rational addiction to the case of carbonated soft drinks, using a time-varying parameter model and scanner data from 46 U.S. cities. Empirical results provide strong evidence that carbonated soft drinks are rationally addictive, thus opening the door to taxation and regulation. Taking rational addition into account, estimated demand elasticities are much lower than previous estimates using scanner data.
dc.identifierdoi:10.22004/ag.econ.51620
dc.identifierhttps://ageconsearch.umn.edu/record/51620/files/rational%20addiction.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/51620
dc.identifier.urihttp://hdl.handle.net/123456789/555468
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/51620
dc.titleRational Addiction Evidence From Carbonated Soft Drinks
dc.typeText

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