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Behavioral economic demand assessments in the addictions
Elizabeth R Aston1, Rachel N Cassidy1
1Center for Alcohol and Addiction Studies, Brown University School of Public Health, Providence, RI, 02912, United States; Department of Behavioral and Social Sciences, Brown University School of Public Heath, Providence, RI, 02912, United States.
Current Opinion in Psychology
|February 27, 2019
Summary
Behavioral economics applies psychology and economics to understand substance use. Demand, measuring a substance
Area of Science:
- Behavioral economics
- Addiction science
- Psychology
- Economics
Background:
- Substance use decision-making is complex, involving psychological and economic factors.
- Demand, representing the relative value of a substance, is a key component of use.
- Understanding drug value is crucial for addiction research and interventions.
Purpose of the Study:
- To apply behavioral economics principles to understand substance use.
- To evaluate the concept of 'demand' as a measure of substance value.
- To review recent advancements in assessing drug demand.
Main Methods:
- Utilizing hypothetical purchase tasks to measure substance demand.
- Analyzing the association between drug use and its perceived cost.
- Evaluating demand across various substances like alcohol, marijuana, and tobacco.
Main Results:
- Demand assessment provides a quantitative measure of substance value.
- Hypothetical purchase tasks effectively simulate drug purchase and consumption.
- Recent advances enhance the assessment of drug demand for diverse applications.
Conclusions:
- Behavioral economics offers valuable insights into addiction and substance use.
- Demand assessment is a robust method for quantifying the value of psychoactive substances.
- Advances in demand measurement improve understanding of drug use behavior.
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