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Persistent link: https://www.econbiz.de/10005243474
This paper develops a simple model of the war against illegal drugs in producer and consumer countries. Our analysis shows how the equilibrium quantity of illegal drugs, as well as their price, depends on key parameters of the model, among them the price elasticity of demand, and the...
Persistent link: https://www.econbiz.de/10014185791
This paper provides a thorough economic evaluation of the anti-drug policies implemented in Colombia between 2000 and 2006 under the so-called Plan Colombia. The paper develops a game theory model of the war against illegal drugs in producer countries. We explicitly model illegal drug markets,...
Persistent link: https://www.econbiz.de/10013095580
Persistent link: https://www.econbiz.de/10005243481