UNDERSTANDING HETEROGENEITY IN PRICE ELASTICITIES IN THE DEMAND FOR ALCOHOL FOR OLDER INDIVIDUALS
Ayyagari P, Deb P, Fletcher J, Gallo W, Sindelar JL. UNDERSTANDING HETEROGENEITY IN PRICE ELASTICITIES IN THE DEMAND FOR ALCOHOL FOR OLDER INDIVIDUALS. Health Economics 2011, 22: 89-105. PMID: 22162113, PMCID: PMC3641566, DOI: 10.1002/hec.1817.Peer-Reviewed Original ResearchConceptsPrice elasticityRetirement Study dataDeadweight lossHigher taxPrice responsivenessNegative externalitiesUnobserved heterogeneityPolicy implicationsFinancial resourcesExternalitiesPricesFinite mixture modelDisadvantaged groupsElasticityLatent groupsDemandTaxGreater responsivenessOlder IndividualsStudy dataHeterogeneityImplicationsResources