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The Resource Consumer casualties : exploring the economics of habit, information, and uncertainty in Japan, Junmin Wan, (electronic book)

Consumer casualties : exploring the economics of habit, information, and uncertainty in Japan, Junmin Wan, (electronic book)

Label
Consumer casualties : exploring the economics of habit, information, and uncertainty in Japan
Title
Consumer casualties
Title remainder
exploring the economics of habit, information, and uncertainty in Japan
Statement of responsibility
Junmin Wan
Creator
Subject
Language
eng
Summary
  • Junmin Wan takes a two prong approach to analysing this pressure in Japan in his new volume Consumer Casualties. He first clarifies the consumer preference for habit to identify useful approaches toward solving a number of economic issues, such as gambling and other addictive practices.
  • "This book is a seminal piece of work on what might be called the 'economics of addiction' - economic analysis of the consumption of addictive goods, such as cigarettes and gambling. Wan uses a variety of unique data sets and creative methodologies, such as natural experiments, to analyze various aspects of addictive behavior from both theoretical and empirical perspectives and obtains numerous interesting and original findings. I recommend this book highly to researchers, students, and policymakers alike." - Charles Yuji Horioka, Research Professor, Asian Growth Research Institute, Kitakyushu, Japan; Research Associate, National Bureau of Economic Research, USA "A superb empirical attempt to analyze consumers' addictions to smoking and gambling with a 'natural experiment' approach. The book contains rich and important implications for public policy, such as cigarette tax, disclosure of cigarette contents, and gambling regulations." - Kazuo Ogawa, Professor, Institute of Social and Economic Research, Osaka University, Japan
Member of
Cataloging source
UK-WkNB
http://library.link/vocab/creatorName
Wan, Junmin
Illustrations
illustrations
Index
index present
Literary form
non fiction
http://library.link/vocab/subjectName
  • Consumer behavior
  • Branding (Marketing)
  • Business ethics
Summary expansion
In our increasingly globalized world of shared cultures, we have seen the spread of addictive behaviors, such as smoking and various forms of gambling. As these behaviors and subsequent habits continue to spread across borders, it is paramount for policy makers to consider the economics of habit, information, and uncertainty in their practices. Wan takes a two prong approach to analyzing this pressure in Japan in his new volume Consumer Casualties. He first clarifies the consumer preference for habit to identify useful approaches toward solving a number of economic issues, such as gambling and other addictive practices. He then tests his theories with data on smoking, lottery gambling, and pachinko gambling to determine their causalities and distill proposals for policy makers
Label
Consumer casualties : exploring the economics of habit, information, and uncertainty in Japan, Junmin Wan, (electronic book)
Instantiates
Publication
Bibliography note
Includes bibliographical references (p. 169-176) and indexes
Contents
1. Introduction 2. Rational Addiction with an Optimal Inventory: Theory and Evidence from Japanese Daily and Monthly Purchases 3. Response to Health Information: Theory and Evidence from Cigarette Consumption and Intake of Nicotine and Tar in Japan 4. Responses of Consumers to the Mandatory Disclosure of information: Evidence from Japanese Inter-brand Cigarette Sales 5. Is Gambling Addictive? Evidence from Pachinko Participation, Quitting, and Re-Initiating 6. Are Gambling and Smoking Complementary? Direct Tests from Japanese Individual Data 7. Tax Revenue in China and the Incentive to Declare Taxes: The Lottery Receipt Experiment 8. Is the Life-Cycle Model or Ono's Model Most Suitable for the Japanese?: Analysis by Time-Series Data and Surveys of Lottery Purchase and Large-Prize Winners 90 9. Conclusions
Control code
9781137384843
Extent
xxii, 184 p.
Form of item
electronic
Governing access note
Users can print and/or download individual articles/chapters and other individual items from Palgrave Connect ebooks, limited to no more than one chapter per title per authorised user
Isbn
9781137387240
Other physical details
ill.
Specific material designation
unspecified
Type of computer file
PDF.
Label
Consumer casualties : exploring the economics of habit, information, and uncertainty in Japan, Junmin Wan, (electronic book)
Publication
Bibliography note
Includes bibliographical references (p. 169-176) and indexes
Contents
1. Introduction 2. Rational Addiction with an Optimal Inventory: Theory and Evidence from Japanese Daily and Monthly Purchases 3. Response to Health Information: Theory and Evidence from Cigarette Consumption and Intake of Nicotine and Tar in Japan 4. Responses of Consumers to the Mandatory Disclosure of information: Evidence from Japanese Inter-brand Cigarette Sales 5. Is Gambling Addictive? Evidence from Pachinko Participation, Quitting, and Re-Initiating 6. Are Gambling and Smoking Complementary? Direct Tests from Japanese Individual Data 7. Tax Revenue in China and the Incentive to Declare Taxes: The Lottery Receipt Experiment 8. Is the Life-Cycle Model or Ono's Model Most Suitable for the Japanese?: Analysis by Time-Series Data and Surveys of Lottery Purchase and Large-Prize Winners 90 9. Conclusions
Control code
9781137384843
Extent
xxii, 184 p.
Form of item
electronic
Governing access note
Users can print and/or download individual articles/chapters and other individual items from Palgrave Connect ebooks, limited to no more than one chapter per title per authorised user
Isbn
9781137387240
Other physical details
ill.
Specific material designation
unspecified
Type of computer file
PDF.

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