the economics of smoking

the economics of smoking

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時(shí)間:2018-03-22

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1、TheEconomicsofSmokingJB/SH2200byPierreLemieux1.Allhumanactivitiescarrycoststhathavetobeweighedagainsttheirbenefits.Risktolimborlifeismerelyatypeofcostthatwilloccurwithaprobabilitylowerthanonebuthigherthanzero.EconomistKipViscusireportsthat,intheU.S.,theannualdeathriskfromm

2、otorvehicleaccidentsis1/5,000(1in5,000).InFrance,115,000skiersareinjuredeveryyear,andmorethan50killed.Inatypicalyear,390Canadiansdrown,andlightningkills5.Individualspresumablytakerisksintoaccountwhentheymakechoices.Theybelievethatthepleasureofdriving,skiing,swimming,orwalk

3、ingoutweighstherisk;otherwise,theydon'tengageinsuchactivities.2.Whydoesthestatetryandpersuadeindividualstoquitsmoking,butnotskiing?Whydowehearaboutthe"socialcostofsmoking"—$130billionperyearintheU.S.,accordingtoa1998Treasurystudy—butnotaboutthesocialcostofdrivingorswimming

4、?Whatdowemeanby"socialcost"?Weshallseethat,ontheseissues,economistsgenerallyarriveatconclusionsoppositetothoseofthePublicHealthapproach—i.e.,theapproachofthemedicalspecialistsandgovernmentorganizationsofwhichwehearsomuchinpopulardiscourseandthemedia.EconomicsVersusPublicHe

5、alth3.BeforewelookatthemainPublicHealthargumentsandtheeconomiccounterarguments,let'shaveafirstlookathowthetwoapproachesdifferonthebasicconceptsofbenefitsandcosts.4.Economicsstartswithsubjectiveindividualpreferences.Individualswhosmoketobaccorevealthattheygainnet"utility"(o

6、rsatisfaction)fromthisconsumption.Theriskycharacterofmanyactivities—whethersmoking,drivingcars,orskydiving—doesnotchangethisconclusion,asthedemandthateachconsumerbringstothemarketincludeshisestimatesofsuchnon-pricecosts.Economictheorydemonstratesthat,givencertainconditions

7、,freemarketsareefficient;i.e.,theyleadtothesociallyoptimalallocationofresources.5.ThePublicHealthschooladoptsaradicallydifferentmethodology.Startingfromtheobservationthatsmokingisbadforthesmoker'shealth,itgoesontoconcludethatindividualsdonotderivebenefitsfromsmoking.Anti-s

8、mokingactivistScottBallinasserts:"Thereisnopositiveaspectto[smoking].Theproducthasnopoten

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