Persistent high ambition and substance abuse: a rationalization of a vicious circle |
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Authors: | Amnon Levy João Ricardo Faria |
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Affiliation: | (1) School of Economics, University of Wollongong, Wollongong, NSW, 2522, Australia;(2) Nottingham Business School, Nottingham Trent University, Nottingham, UK |
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Abstract: | While the current use of some mind-altering substances alleviates current level of depression, it facilitates future depression. Our analysis incorporates this intertemporal tradeoff and shows that the stationary status of a consistently overly ambitious sophisticated user is improved by impatience, and that this improvement is amplified by the ratio of the instantaneous depression-relief effect to the status-degradation effect of the mind-altering substance. The analysis also shows that the existence of a supportive personal community leads to permanent cyclical use of mind-altering substances. |
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Keywords: | Ambition Failure Depression Substance abuse Relief Community support Cycles |
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