Findings indicate that typically, at low costs, alcohol demand is insensitive or inelastic (Amlung et al., 2012; Berman & Martinetti, 2017; Gentile et al., 2012; Murphy & MacKillop, 2006). In other words, at lower prices, there is not a significant change in reported purchasing and consumption across similar price ranges. However, as costs increase, demand becomes increasingly sensitive, or elastic, and consumption decreases (Hursh & Roma, 2016). Recently, hypothetical purchase tasks (HPT), such as the alcohol purchase task (APT; Murphy & MacKillop, 2006), have enabled the study of alcohol demand in college students without the considerable ethical and logistic challenges of “real” purchases (Amlung et al., 2012; Kaplan & Reed, 2018). In addition, probability purchase tasks have been used to study alcohol-related, but “one-time” purchases, such as fake IDs (Foster et al., in
Findings indicate that typically, at low costs, alcohol demand is insensitive or inelastic (Amlung et al., 2012; Berman & Martinetti, 2017; Gentile et al., 2012; Murphy & MacKillop, 2006). In other words, at lower prices, there is not a significant change in reported purchasing and consumption across similar price ranges. However, as costs increase, demand becomes increasingly sensitive, or elastic, and consumption decreases (Hursh & Roma, 2016). Recently, hypothetical purchase tasks (HPT), such as the alcohol purchase task (APT; Murphy & MacKillop, 2006), have enabled the study of alcohol demand in college students without the considerable ethical and logistic challenges of “real” purchases (Amlung et al., 2012; Kaplan & Reed, 2018). In addition, probability purchase tasks have been used to study alcohol-related, but “one-time” purchases, such as fake IDs (Foster et al., in