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Rational Addiction to Caffeine: An Analysis of Coffee Consumption

✍ Scribed by Nilss Olekalns and Peter Bardsley


Book ID
120636733
Publisher
University of Chicago Press
Year
1996
Tongue
English
Weight
500 KB
Volume
104
Category
Article
ISSN
0022-3808

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## Abstract Utilizing a panel data set of 42 states over the period 1959–1994, this paper estimates a rational addiction model for liquor consumption for the US. The empirical evidence is consistent with the rational addiction hypothesis proposed by Becker and Murphy. However, the results are sensi