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- W2094328882 abstract "There are two behavioral approaches to addiction: rational and irrational. The rational approach assumes that addicts have higher time preference rates and lower risk-aversion coefficients—parameters that are interpreted as impulsive preferences. On the other hand, the irrational approach argues that addiction is a consequence of anomalies such as non-expected utility and hyperbolically discounted utility. This paper integrates these two approaches and concludes that anomaly and impulsivity complementarily account for addiction." @default.
- W2094328882 created "2016-06-24" @default.
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- W2094328882 date "2010-04-01" @default.
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- W2094328882 title "Anomaly, impulsivity, and addiction" @default.
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- W2094328882 doi "https://doi.org/10.1016/j.socec.2009.10.005" @default.
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