LEADER 05345nam 2200745Ia 450 001 9910819184603321 005 20200520144314.0 010 $a1-282-53792-X 010 $a9786612537929 010 $a0-226-85748-4 024 7 $a10.7208/9780226857480 035 $a(CKB)2520000000006493 035 $a(EBL)496640 035 $a(OCoLC)609650003 035 $a(SSID)ssj0000365943 035 $a(PQKBManifestationID)12090851 035 $a(PQKBTitleCode)TC0000365943 035 $a(PQKBWorkID)10414226 035 $a(PQKB)10294580 035 $a(StDuBDS)EDZ0000122536 035 $a(MiAaPQ)EBC496640 035 $a(DE-B1597)524584 035 $a(DE-B1597)9780226857480 035 $a(Au-PeEL)EBL496640 035 $a(CaPaEBR)ebr10372060 035 $a(CaONFJC)MIL253792 035 $a(EXLCZ)992520000000006493 100 $a20020117d2002 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aSmoke-filled rooms $ea postmortem on the tobacco deal /$fW. Kip Viscusi 205 $a1st ed. 210 $aChicago $cUniversity of Chicago Press$d2002 215 $a1 online resource (273 p.) 225 1 $aStudies in law and economics 300 $aDescription based upon print version of record. 311 $a0-226-85747-6 320 $aIncludes bibliographical references (p. 243-252) and index. 327 $tFrontmatter -- $tContents -- $tAcknowledgments -- $tI. Introduction -- $tII. The Proposed Federal Settlement -- $tIII. The Settlement of the State Lawsuits -- $tIV. The Financial Costs of Smoking to Society -- $tV. The Financial Costs to the States and the Federal Government -- $tVI. Environmental Tobacco Smoke -- $tVII. Risk Beliefs and Addiction -- $tVIII. Youth Smoking: Beyond Joe Camel -- $tIX. Promoting Safer Cigarettes -- $tX. Lessons from the Tobacco Deal -- $tNotes -- $tReferences -- $tIndex 330 $aThe 1998 out-of-court settlements of litigation by the states against the cigarette industry totaled $243 billion, making it the largest payoff ever in our civil justice system. Two key questions drove the lawsuits and the attendant settlement: Do smokers understand the risks of smoking? And does smoking impose net financial costs on the states? With Smoke-Filled Rooms,W. Kip Viscusi provides unexpected answers to these questions, drawing on an impressive range of data on several topics central to the smoking policy debate. Based on surveys of smokers in the United States and Spain, for instance, he demonstrates that smokers actually overestimate the dangers of smoking, indicating that they are well aware of the risks involved in their choice to smoke. And while smoking does increase medical costs to the states, Viscusi finds that these costs are more than financially balanced by the premature mortality of smokers, which reduces their demands on state pension and health programs, so that, on average, smoking either pays for itself or generates revenues for the states. Viscusi's eye-opening assessment of the tobacco lawsuits also includes policy recommendations that could frame these debates in a more productive way, such as his suggestion that the FDA should develop a rating system for cigarettes and other tobacco products based on their relative safety, thus providing an incentive for tobacco manufacturers to compete among themselves to produce safer cigarettes. Viscusi's hard look at the facts of smoking and its costs runs against conventional thinking. But it is also necessary for an informed and realistic debate about the legal, financial, and social consequences of the tobacco lawsuits. People making $50,000 or more pay .08 percent of their income in cigarette taxes, but people with incomes of less than $10,000 pay 1.62 percenttwenty times as much. The maintenance crew at the Capitol will bear more of the "sin tax" levied on cigarettes than will members of Congress who voted to boost it. Cigarettes are not a financial drain to the U.S. In fact, they are self-financing, as a consequence of smokers' premature mortality. The general public estimates that 47 out of 100 smokers will die from lung cancer because they smoke. Smokers believe that 40 out of 100 will die of the disease. Scientists estimate the actual number of 100 smokers who will die from lung cancer to be between 7 and 13. 410 0$aStudies in law and economics (Chicago, Ill.) 606 $aTobacco industry$xGovernment policy$zUnited States 606 $aCigarette industry$zUnited States 606 $aCigarette smoke$xHealth aspects$zUnited States 606 $aAdvertising$xCigarettes$xGovernment policy$zUnited States 606 $aTobacco industry$xLaw and legislation$zUnited States 606 $aSmoking$xLaw and legislation$zUnited States 615 0$aTobacco industry$xGovernment policy 615 0$aCigarette industry 615 0$aCigarette smoke$xHealth aspects 615 0$aAdvertising$xCigarettes$xGovernment policy 615 0$aTobacco industry$xLaw and legislation 615 0$aSmoking$xLaw and legislation 676 $a362.29/65 700 $aViscusi$b W. Kip$089612 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910819184603321 996 $aSmoke-filled rooms$93932596 997 $aUNINA