Smoking today and stopping tomorrow : a limited foresight perspective

Philippe Jehiel and Andrew Lilico

This article considers an intertemporal decision problem in which the agent has limited foresight. It offers an interpretation of why people may smoke when they are youngas a result of having a short horizon of foresightand refrain from smoking when they get olderas a result of having better foresight.

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Year of publication:	2010
Authors:	Jehiel, Philippe ; Lilico, Andrew
Published in:	CESifo economic studies : CESifo, a joint initiative of the University of Munich's Center for Economic Studies and the Ifo Institute. - Oxford : Oxford Univ. Press, ISSN 1610-241X, ZDB-ID 2098761-4. - Vol. 56.2010, 2, p. 141-164
Subject:	Rauchen \| Smoking \| Intertemporale Entscheidung \| Intertemporal choice \| Erwartungsbildung \| Expectation formation \| Unvollkommene Information \| Incomplete information \| Theorie \| Theory

Extent:	Tab.
Type of publication:	Article
Type of publication (narrower categories):	Aufsatz in Zeitschrift ; Article in journal
Language:	English
Source:	ECONIS - Online Catalogue of the ZBW

Persistent link: https://www.econbiz.de/10003981966