One reason why individuals consume harmful addictive goods is that the "full" price of such goods is low. Using data on adults specifically collected for this study, we examine the internal cost of one such good by estimating the value that smokers and nonsmokers place on loss of health and...

A micro Newcomen engine is proposed. To overcome the problems of friction and leakage of the micro mechanical parts during engine's operation, we use a flexible ripple tube to integrate piston and cylinder into one monolithic part. Heptane is used as the working fluid, and it works in the...

A micro steam engine is developed based on Newcomen steam engine. In the micro engine, a flexible ripple tube takes the place of piston and cylinder, to overcome the serious problems of friction and leakage in micro scale. We use two-phase octane as working fluid of the micro engine, because...

While there are many reasons to continue to smoke in spite of its consequences for health, the concern that many smoke because they misperceive the risks of smoking remains a focus of public discussion and motivates tobacco control policies and litigation. In this paper we investigate the...