Valuing the Cost of Smoking: Assessment Methods, Risk Perception and Policy Options

Overview

The economic analysis of tobacco consumption is a complex and challenging issue, which entails addressing many different questions:

• What is the economic burden of smoking and do smokers 'pay their way'?
• How do individuals perceive their own health risks?
• What is the...

See more details below
Paperback (Softcover reprint of the original 1st ed. 1999)
$169.00
BN.com price
Other sellers (Paperback)
  • All (3) from $135.18   
  • New (3) from $135.18   
Sending request ...

Overview

The economic analysis of tobacco consumption is a complex and challenging issue, which entails addressing many different questions:

• What is the economic burden of smoking and do smokers 'pay their way'?
• How do individuals perceive their own health risks?
• What is the effect of the addictive properties of nicotine on the behavior of a rational, utility-maximizing individual?
• What is the most effective way to discourage tobacco consumption?

In this context, the assessment of the social burden of smoking using a cost-of-illness framework has played a central role since the beginning of the 1970s. Interest in this type of study has grown even more in the wake of the lawsuits brought by American states against the tobacco companies with the aim of recovering excessive medical costs resulting from smoking-related diseases. Economists argue that there is no need for government intervention on condition that smokers receive accurate information about the health hazards - including the risk of addiction - and that they bear all the costs of smoking themselves. Economists agree on this last point: smokers bear most if not all of the economic costs of tobacco consumption. Moreover, a better understanding of the determinants of smoking and of the public perception of the risks of smoking could help decision-makers to improve the design of tobacco control policies.
The purpose of Valuing the Cost of Smoking is to review the various methods used to value the adverse health outcomes of smoking, from the standard human capital approach to the new preference-based methods with which intangibles can be assessed. This volume should also help understand better the behavior of smokers as well as the factors that determine the demand for cigarettes. Finally, the volume contains a review of the scientific evidence regarding the effectiveness of taxes in reducing tobacco use.

Read More Show Less

Product Details

  • ISBN-13: 9789401058988
  • Publisher: Springer Netherlands
  • Publication date: 4/30/2013
  • Series: Studies in Risk and Uncertainty Series , #13
  • Edition description: Softcover reprint of the original 1st ed. 1999
  • Edition number: 1
  • Pages: 218
  • Product dimensions: 6.14 (w) x 9.21 (h) x 0.49 (d)

Table of Contents

Introduction; C. Jeanrenaud, N. Soguel. Concepts and Methods. 1. Measurement of the economic costs of smoking in the United States: an historical review; D.P. Rice. 2. Human capital and demographic approaches to estimating the external costs of smoking; D. Collins, H. Lapsley. 3. Estimating the indirect costs of smoking using the friction cost method; M.A. Koopmanschap. 4. Contingent valuation or QALYs; P.-O. Johansson. 5. When does non-smoking save health care money? The many answers to a simple question; J.J. Barendregt, et al. 6. New guidelines for estimating the economic costs of smoking, and results from Canada; E. Single. Country Studies. 7. Economic consequences of smoking in Finland; M. Pekurinen. 8. Social cost of smoking in Switzerland; F. Priez, et al. 9. Commentary on the social cost of smoking in Switzerland; S. Nocera. Risk Perception, Demand and Taxation. 10. Public perception of smoking risks; W. Kip Viscusi. 11. Commentary on public perception of smoking risks; P. Zweifel. 12. Risk, rationality and the consumption of tobacco; A. Markandya. 13. Gender differences in the demand for cigarettes; J. Hersch. 14. How effective are taxes in reducing tobacco consumption? F. Chaloupka.

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)