Cost-Benefit Analysis Involving Addictive Goods: Using Contingent Valuation To Estimate Willingness to Pay to Eliminate Addiction
Year: 2006
Type: report
Abstract: To conduct a cost-benefit analysis for social policies related to physically or psychologically addictive goods such as tobacco or gambling, the authors propose an adjustment to consumer surplus, the difference between the maximum consumers will pay for a good and what they actually pay.
Authors: David L. Weimer, Aidan R. Vining
Language: English
Subfield: Economics and Econometrics
Domain: Social Sciences
Open Access status: green
OpenAlex ID: W2183095524