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This paper constructs a macroeconomic model of North-South interaction where the flow of narcotics from the South to the North is restricted. Their economic effects are akin to quantitative restrictions in trade policy. Two alternative policy scenarios will be considered. One involves reducing...
Persistent link: https://www.econbiz.de/10010279295
decline has tended to offset the effects of drug policies aimed at reducing drug use in major industrial countries. The main … margin (the difference between the retail and producer prices) in the drug business. We develop the hypothesis, and give some … some thoughts about the effects of globalization on the effectiveness of drug policies and argue that globalization may …
Persistent link: https://www.econbiz.de/10010264125
Simple OLS estimates of the effect of school-imposed penalties for drug use on a student's consumption of marijuana are … marijuana use to sanctions and thereby demonstrate the efficacy of school-imposed penalties as a deterrent to adolescent drug … use. This is the first evidence of such efficacy and, given what is known about the consequences of drug use, suggests …
Persistent link: https://www.econbiz.de/10010272641
Background: Well-functioning competitive markets are key to controlling generic drug prices. This is important since …
Persistent link: https://www.econbiz.de/10014489898
-front payment (up-front fee + milestones), regarding drug candidates for specific drug classes, like anticancer or cardiovascular … corresponding development phase of the drug candidate for the license deal and the revenue data of the license buyer (licensee … investigated. Findings: For the anticancer (antineoplastics) and cardiovascular drug classes, the formula to predict the royalty …
Persistent link: https://www.econbiz.de/10011808499
This paper provides a comprehensive theoretical model of the political decision making process. Therein two ideologically different political parties compete for power. Their primary instrument in this competition are programmatic concessions in favor of voters and interest groups. As any...
Persistent link: https://www.econbiz.de/10010301406
This paper examines equilibrium and stability in symmetric two-player cheap-talk games. In particular, we characterize the set of neutrally stable outcomes in finite cheap-talk 2 x 2 coordination games. This set is finite and functionally independent of risk-dominance relations. As the number of...
Persistent link: https://www.econbiz.de/10010334873
Persistent link: https://www.econbiz.de/10010334998
concerning a sense of home. Against this background the article provides a theory-driven introduction to central constructs and …
Persistent link: https://www.econbiz.de/10011823504
The EU agenda for improving competitiveness is missing in action. Economic competitiveness has been a central plank in the development of the European Union - a relentless quest for policies that lead to more prosperity and that make European companies in world markets more successful. However,...
Persistent link: https://www.econbiz.de/10014560176