This project deals with an individual’s choice to smoke, and how Denmark’s governmental price regulations affect this. All of our research falls within the time period between 2000 and 2012. First, we describe the different governmental tax initiatives within our timeframe. Then we describe and apply the theory of price elasticity of demand to see if raising taxes on cigarettes affects people’s decision to smoke. We also wished to investigate what social factors may have influenced people's decision to smoke. In order to investigate this, we conducted three interviews, which we also analyzed using neoclassical economic, behavioral economic, consumer behavior, and sociological theories. We concluded that media campaigns and price changes are an effective way to hinder young people from smoking, but government intervention is less effective for stopping older smokers, who attempt to quit due to sociological factors and health reasons rather than concerns about money.
|Uddannelser||Basis - International Samfundsvidenskabelig Bacheloruddannelse, (Bachelor uddannelse) Basis|
|Udgivelsesdato||24 jun. 2013|
- Governmental reasoning
- Decision-making process
- Price elasticity of demand