How do regulations aimed at reducing cigarette smoking address the negative externalities associated with its consumption?

Regulations aimed at reducing cigarette smoking help address negative externalities by making smoking less appealing and more costly for individuals and society. Negative externalities occur when the actions of one person, like smoking, harm others, such as through secondhand smoke or increased healthcare costs. By imposing higher taxes on cigarettes, banning smoking in public places, and implementing strict advertising rules, these regulations discourage people from smoking and protect non-smokers. For example, when a city bans smoking in parks, it not only reduces the amount of smoke others breathe in but also encourages smokers to quit. Overall, these regulations aim to lower the overall harm caused by smoking to both individuals and the community.