Related Experiment Video
Updated: Jun 28, 2026

Murine Drinking Models in the Development of Pharmacotherapies for Alcoholism: Drinking in the Dark and Two-bottle Choice
Published on: January 7, 2019
The economics of alcohol abuse and alcohol-control policies
Philip J Cook1, Michael J Moore
1Terry Sanford Institute of Public Policy, Duke University, Durham, North Carolina, USA.
Abstract:
Economic research has contributed to the evaluation of alcohol policy through empirical analysis of the effects of alcohol-control measures on alcohol consumption and its consequences. It has also provided an accounting framework for defining and comparing costs and benefits of alcohol consumption and related policy interventions, including excise taxes. The most important finding from the economics literature is that consumers tend to drink less ethanol, and have fewer alcohol-related problems, when alcoholic beverage prices are increased or alcohol availability is restricted. That set of findings is relevant for policy purposes because alcohol abuse imposes large "external" costs on others. Important challenges remain, including developing a better understanding of the effects of drinking on labor-market productivity.
Related Concept Videos
Self-Presentation: Self-Monitoring and Self-Handicapping
Hypothesis Test for Test of Independence
H0: The two variables (factors)...
Drug Abuse and Addiction: Pharmacological Phenomena
CNS Depressants: Alcohol and Nicotine
Drug Control Governance: Regulatory Bodies and Their Impact
Substance Use Disorders Affecting Sleep
Understanding the concepts of physical dependence,...

