Studies in Risk and Uncertainty

Valuing the Cost of Smoking

Assessment Methods, Risk Perception and Policy Options

Editors: Jeanrenaud, Claude, Soguel, Nils C. (Eds.)

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About this book

CLAUDEJEANRENAUD NILS SOGUEL Smoking is a very common habit all over the world. The prevalence rate ranges from 20% - 40% in industrialised countries, and is dramatically increasing in the developing world. Smoking is risky and there is ample scientific evidence to support this statement. We know that smoking is a major cause of disease and premature death, in view of the fact that 3 million people die each year worldwide as a result of their smoking habit. Twenty years ago, the U. S. Surgeon General identified smoking as the single most important cause of morbidity and premature death (USDHEW, 1979). Tobacco consnmption reduces life expectancy vastly. Epidemiological research shows that people who have died from a smoking-related disease would, on average, have lived for an additional 15 years had they not been smokers (Warner, 1987). 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 addicting properties of nicotine on the behaviour of a rational, utility­ maximizing individual? Lastly, 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 seventies.

Table of contents (15 chapters)

  • Introduction

    Jeanrenaud, Claude (et al.)

    Pages 1-7

  • Measurement of the Economic Costs of Smoking in the United States: an Historical Review

    Rice, Dorothy P.

    Pages 11-29

  • Human Capital and Demographic Approaches to Estimating the External Costs of Smoking

    Collins, David (et al.)

    Pages 31-48

  • Estimating the Indirect Costs of Smoking Using the Friction Cost Method

    Koopmanschap, Marc A.

    Pages 49-59

  • Contingent Valuation or QALYs

    Johansson, Per-Olov

    Pages 61-73

Buy this book

eBook $149.00
price for USA (gross)
  • ISBN 978-94-011-4415-5
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover $199.00
price for USA
  • ISBN 978-0-7923-8644-5
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
Softcover $199.00
price for USA
  • ISBN 978-94-010-5898-8
  • Free shipping for individuals worldwide
  • Usually dispatched within 3 to 5 business days.
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Bibliographic Information

Bibliographic Information
Book Title
Valuing the Cost of Smoking
Book Subtitle
Assessment Methods, Risk Perception and Policy Options
Editors
  • Claude Jeanrenaud
  • Nils C. Soguel
Series Title
Studies in Risk and Uncertainty
Series Volume
13
Copyright
1999
Publisher
Springer Netherlands
Copyright Holder
Springer Science+Business Media New York
eBook ISBN
978-94-011-4415-5
DOI
10.1007/978-94-011-4415-5
Hardcover ISBN
978-0-7923-8644-5
Softcover ISBN
978-94-010-5898-8
Series ISSN
0926-972X
Edition Number
1
Number of Pages
VIII, 218
Topics