Table 6 Cigarette dependence elasticities for ordered probit model

Elasticity

S.E.

δ (constant time preference)

-1.2071

0.4422

***

1-exp(β) (present bias)

-0.4268

0.1905

**

Elasticity

S.E.

δ (constant time preference)

1.0950

0.6759

1-exp(β) (present bias)

0.5727

0.3818

H-Smoker

Elasticity

S.E.

δ (constant time preference)

0.8404

0.3220

**

1-exp(β) (present bias)

0.2658

0.1266

**