Which of the following statements is (are) consistent with rational addiction?
I. Most addicts are myopic-they don't consider the future when making decisions.
II. Addicts use hyperbolic discounting, placing too much emphasis on the immediate future.
III. Consumers of addictive substances consider the lifetime benefits of consumption as well as the lifetime costs.
A) I
B) II
C) I and II
D) III

Question

Quizplus · Accepted Answer

Rational addiction theory posits that consumers of addictive substances or behaviors make rational decisions by weighing the lifetime benefits against the lifetime costs of their actions, including future consumption and potential addiction. This contrasts with the idea that addicts only focus on immediate gratification or fail to consider future consequences.

Which of the Following Statements Is (Are) Consistent with Rational