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CONTROL POLICIES TO COMBAT THE HEALTH RISKS FROM SMOKING AND PASSIVE SMOKING 1
Author(s) -
Cameron Jeannie,
Craven Barrie M.,
Marlow Michael L.
Publication year - 2011
Publication title -
economic affairs
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.24
H-Index - 18
eISSN - 1468-0270
pISSN - 0265-0665
DOI - 10.1111/j.1468-0270.2011.02081.x
Subject(s) - misinformation , externality , tobacco control , public health , tobacco industry , business , control (management) , environmental health , public policy , passive smoking , public economics , economics , medicine , economic growth , political science , nursing , management , pathology , law , microeconomics
Good information is necessary for markets to allocate resources efficiently. Tobacco is a demerit good; smoking endangers smokers but also exerts externalities on non‐smokers. Public policies, however, foster misinformation, are contradictory and damage public health. Current policies also deny feedback from the tobacco industry and reduce consumer information about tobacco products that could substantially reduce the harmful effects of smoking.