Obesity and Hyperbolic Discounting: An Experimental Analysis
Journal of Agricultural and Resource Economics (2012)
Models of rational addiction suggest that obesity is consistent with time-consistent preferences. Behavioral economists maintain that addictions such as alcoholism, ...
Informative Advertising in Differentiated Oligopoly Markets
International Journal of Industrial Organization (2009)
This paper examines the welfare implications of informative advertising in differentiated product oligopoly markets. The analysis reconciles the conflicting results ...