“…The CPT is an efficient alternative to time-and labor-intensive laboratory drug selfadministration studies (Bickel & Madden, 1999a, 1999b, and is a valid method of studying cigarette demand (Farris, Aston, Abrantes, & Zvolensky, 2017;Madden & Kalman, 2010) that produces demand curves corresponding closely to those involving actual drug consumption (Amlung, Acker, Stojek, Murphy, & MacKillop, 2012;Wilson, Franck, Koffarnus, & Bickel, 2016). Furthermore, because the CPT permits experimental examination of changes in demand without asking study participants to smoke, the task can be useful for research with especially vulnerable populations such as pregnant women or adolescents (Higgins et al, 2017). CPT demand is typically characterized by five indices: Demand Intensity (i.e., number of cigarettes participants estimated smoking per day if cigarettes were free of cost); O max (i.e., peak expenditure, or the total amount of money participants would spend daily on smoking); P max (i.e., the financial price associated with O max ); Breakpoint (BP, i.e., the price at which participants indicated they would quit smoking rather than incur the cost); and α (i.e., overall sensitivity to changes in price, which was calculated as rate of change in elasticity across the demand curve).…”