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Title:Smoking today and stopping tomorrow: a limited foresight perspective PDF Logo
Authors:Jehiel, Philippe
Lilico, Andrew
Issue Date:2009
Series/Report no.:CESifo working paper 2603
Abstract:This paper considers an intertemporal decision problem in which the agent has limited foresight. It offers an interpretation of why people may smoke when they are young - and arguably have a short horizon of foresight and refrain from smoking when they get older - and their foresight is better.
JEL:D03
D84
Document Type:Working Paper
Appears in Collections:CESifo Working Papers, CESifo Group Munich

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