@article{Xiaoou:51620,
      recid = {51620},
      author = {Xiaoou, Liu},
      title = {Rational Addiction Evidence From Carbonated Soft Drinks},
      address = {2009},
      number = {1005-2016-78952},
      series = {Contributed Paper},
      pages = {31},
      year = {2009},
      abstract = {This paper applies the Becker-Murphy (1988) theory of  rational addiction to the case of carbonated soft drinks,  using a time-varying parameter model and scanner data from  46 U.S. cities. Empirical results provide strong evidence  that carbonated soft drinks are rationally addictive, thus  opening the door to taxation and regulation. Taking  rational addition into account, estimated demand  elasticities are much lower than previous estimates using  scanner data.},
      url = {http://ageconsearch.umn.edu/record/51620},
      doi = {https://doi.org/10.22004/ag.econ.51620},
}