This paper reviews the extent to which policy interventions can affect risky behaviours such as smoking, drinking and diet. The justification for such intervention is typically a market failure, broadly defined. The types of market failure typically encountered are discussed. First and second...

This paper reviews the extent to which policy interventions can affect risky behaviours such as smoking, drinking and diet. The justification for such intervention is typically a market failure, broadly defined. The types of market failure typically encountered are discussed. First and second...

This paper uses duration analysis to investigate factors influencing starting and quitting smoking, in particular the role of tobacco taxes. Applying a variety of parametric duration models, including a split population model, to a sample of Irish women, it finds mixed results regarding the...

This paper analyses decisions regarding smoking and drinking for a sample of Irish women. Double-hurdle models are estimated to determine whether decisions to smoke/drink are made independently of how much to smoke/drink. Given the potential complementarities between smoking and drinking a model...