Cigarette advertising, price and social welfare : empirical evidence

This study estimates the welfare effects of cigarette advertising using the framework posited by Becker and Murphy (1993). This model exposes previously unaccounted benefits of cigarette advertising and allows for conventional social welfare estimation by assimilating the theory of advertising into...

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Bibliographic Details
Main Author: Farr, Stephen J.
Other Authors: Tremblay, Victor J.
Language:en_US
Published: 2012
Subjects:
Online Access:http://hdl.handle.net/1957/34027