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Mathematical Economics of Addiction

This course provides the student with the mathematical tools to explore the economic models of addiction. The course begins by exploring static demand-side models of addiction before proceeding to their dynamic counterparts. The course will rely on journal articles that explore the demand for addictive substances such as alcohol, tobacco, marijuana, and cocaine. Also explored are models that treat gambling and sports spectatorship as addictive behaviors. A limited discussion of supply-side models is also included. (Not offered 2021-22).

Prerequisite: Consent of Instructor.

1 unit

Report an issue - Last updated: 09/17/2021