Published Oct 15, 2011



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Daniel Alejandro Monroy Cely

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Abstract

The main target of this reflex paper is to explain some ideas about behavioral economics, such as the prospect theory and the framing effect, as well as its possible implications for the law, especially in the context of
tobacco control law in Colombia and the current package warning labels.
The paper concludes that these warnings have the potential to reduce the tobacco consumption. However, the effectiveness of these messages could be increased if the information is reframed in an alternative way.

JEL: D03, I18, K10, K32.

Keywords

Behavioral economics, policy in health, law and economics, law in healthEconomía conductual, análisis económico del derecho, políticas públicas en salud, regulación en salud

References
How to Cite
Monroy Cely, D. A. (2011). PROSPECT THEORY, FRAMING EFFECT AND DETERRENCE MESSAGES FOR TOBACCO CONSUMPTION IN COLOMBIA. Vniversitas, 60(123), 15–44. https://doi.org/10.11144/Javeriana.vj60-123.tpem
Section
Artículos