Working Paper
Smoking Today and Stopping Tomorrow: A Limited Foresight Perspective
Philippe Jehiel, Andrew Lilico
CESifo, Munich, 2009
CESifo Working Paper No. 2603
CESifo, Munich, 2009
CESifo Working Paper No. 2603
![](https://cesifo.org/DocImg/cesifo1_wp2603.jpg?c=1689237032)
This paper considers an intertemporal decision problem in which the agent has limited foresight. It offers an interpretation of why people may smoke when they are young - and arguably have a short horizon of foresight – and refrain from smoking when they get older - and their foresight is better.
CESifo Category
Industrial Organisation
Industrial Organisation
JEL Classification: D030,D840