Smokers, smoking deprivation, and time discounting

Shoko Yamane, Hiroyasu Yoneda, Taiki Takahashi, Yoshio Kamijo, Yasuhiro Komori, Fumihiko Hiruma, Yoshiro Tsutsui

Research output: Contribution to journalArticle

4 Citations (Scopus)

Abstract

This paper investigates whether smokers exhibit greater time discounting than non-smokers, and how short-term nicotine deprivation affects time discounting. A unique feature of our experiment is that our subjects receive rewards not only of money, but also of actual tobacco. This is done in order to elicit smokers' true preferences. Smokers are more impatient than non-smokers, consistent with previous studies. Additionally, nicotine deprivation makes smokers even more impatient. These results suggest that nicotine concentration has different effects on time preferences in the short and long runs.

Original languageEnglish
Pages (from-to)47-56
Number of pages10
JournalJournal of Socio-Economics
Volume45
DOIs
Publication statusPublished - 2013 Aug
Externally publishedYes

Keywords

  • Economic experiment
  • Nicotine concentration
  • Panel logit analysis
  • Smoking deprivation
  • Time discounting

ASJC Scopus subject areas

  • Economics and Econometrics

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  • Cite this

    Yamane, S., Yoneda, H., Takahashi, T., Kamijo, Y., Komori, Y., Hiruma, F., & Tsutsui, Y. (2013). Smokers, smoking deprivation, and time discounting. Journal of Socio-Economics, 45, 47-56. https://doi.org/10.1016/j.socec.2013.04.005