Weimer, David L.; Vining, Aidan R.; Thomas, Randall K. - In: Health Economics 18 (2009) 2, pp. 181-202
The valuation of changes in consumption of addictive goods resulting from policy interventions presents a challenge for cost-benefit analysts. Consumer surplus losses from reduced consumption of addictive goods that are measured relative to market demand schedules overestimate the social cost of...