Tag Archives: Amy Ellen Schwartz

Write a memo for your leadership articulating and analyzing various challenges and recommendations regarding the path you think the firm should take.

In highly influential research published by the National Bureau of Economic Research, Sandra L. Decker and Amy Ellen Schwartz reached a curious conclusion. They found that higher alcohol prices decrease alcohol consumption and smoking participation (suggesting a complementarity in consumption). Higher cigarette prices tend to reduce smoking participation but increase drinking (meaning substitutability in consumption). […]