The Economic Analysis of Substance Use and Abuse An Integration of Econometric and Behavioral Economic Research
edited by Frank J. Chaloupka, Michael Grossman, Warren K. Bickel and Henry Saffer
University of Chicago Press, 1999
Cloth: 978-0-226-10047-0 | Electronic: 978-0-226-10049-4


Conventional wisdom once held that the demand for addictive substances like cigarettes, alcohol, and drugs was unlike that for any other economic good and, therefore, unresponsive to traditional market forces. Recently, however, researchers from two disparate fields, economics and behavioral psychology, have found that increases in the overall price of an addictive substance can significantly reduce both the number of users and the amounts those users consume. Changes in the "full price" of addictive substances—including monetary value, time outlay, effort to obtain, and potential penalties for illegal use—yield marked variations in behavioral outcomes and demand.

The Economic Analysis of Substance Use and Abuse brings these distinctive fields of study together and presents for the first time an integrated assessment of their data and results. Unique and innovative, this multidisciplinary volume will serve as an important resource in the current debates concerning alcohol and drug use and abuse and the impacts of legalizing illicit drugs.




I. Cigarette Smoking and Other Tobacco Use

1. Tobacco Taxes, Smoking Restrictions, and Tobacco Use

2. The Behavioral Economics of Smoking

II. Alcohol Use and Abuse

3. The Effects of Price Changes on Alcohol Consumption in Alcohol-Experienced Rats

4. Delayed-Reward Discounting in Alcohol Abuse

III. Illicit Drug Use

5. The Demand for Cocaine and Marijuana by Youth

6. Applying Behavioral Economics to the Challenge of Reducing Cocaine Abuse

IV. Polydrug Use

7. Demographic Differentials in the Demand for Alcohol and Illicit Drugs

8. A Behavioral Economic Analysis of Polydrug Abuse in Heroin Addicts

V. Substance Abuse and Employment

9. Are Alcoholics in Bad Jobs

10. Employment as a Drug Abuse Treatment Intervention: A Behavioral Economic Analysis

VI. Substance Use and Income

11. Income Alters the Relative Reinforcing Effects of Drug and Nondrug Reinforcers

12. Does Drug Use Cause Poverty?


Author Index

Subject Index