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Depression and Substance Abuse: A Rationalization of a Vicious Cycle

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posted on 2024-11-18, 15:43 authored by Amnon Levy, J R Faria
While a mind-altering-substance consumption alleviates current level of depression, it facilitates future depression. Our analysis incorporates this trade off and shows that the stationary state of a consistently overly ambitious sophisticated substance user is improved by impatience, and that this improvement is amplified by the ratio of the instantaneous depression-relief effect to the state-degradation effect of the substance. The analysis also shows that the existence of a supportive personal community leads to permanent cyclical substance consumption when the user is relatively patient.

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Citation

Levy, A and Faria, JR, Depression and Substance Abuse: A Rationalization of a Vicious Cycle, Working Paper 06-16, Department of Economics, University of Wollongong, 2006.

Language

English

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