Economics deals with the allocation of scarce resources in a society with unlimited desires. When resources become scarce, people face difficult choices. This general concept holds true in the field of drug addiction treatment as well. Since drug use and its consequences are associated with...

Colluding firms often exchange private information and make transfers within the cartels based on the information. Estimating the impact of such collusive practices" - known as the 'lysine strategy profile (LSP)" - on cartel duration is difficult because of endogeneity and omitted variable bias....