Smoking today and stopping tomorrow: a limited foresight perspective

This paper considers an intertemporal decision problem in which the agent has limited foresight. It offers an interpretation of why people may smoke when they are young - and arguably have a short horizon of foresight and refrain from smoking when they get older - and their foresight is better.

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Year of publication:	2009
Authors:	Jehiel, Philippe ; Lilico, Andrew
Publisher:	Munich : Center for Economic Studies and ifo Institute (CESifo)
Subject:	Rauchen \| Zeitpräferenz \| Erwartungstheorie \| Unvollkommene Information \| Theorie

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Series:	CESifo Working Paper ; 2603
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	597827478 [GVK] hdl:10419/26648 [Handle]
Classification:	D03 - Behavioral Economics; Underlying Principles ; D84 - Expectations; Speculations
Source:	EconStor

Persistent link: https://www.econbiz.de/10010264601