1992
DOI: 10.1016/0167-2231(92)90022-b
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Economists and drug policy

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Cited by 12 publications
(5 citation statements)
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“…Of course, application of the theoretical ap- proach would require knowledge of the shape of the demand curve, and particularly the relationship between prices and consumption. The lack of available estimates of this relationship has been lamented in several reviews of the economic literature on illicit drugs (Wagstaff & Maynard, 1988;Niskanen, 1992;Godfrey, 1994). In particular, there are no estimates of where the demand curve intersects with the price axis, i.e.…”
Section: A Theoretical Approach To Valuing Drug Consumption and Dealingmentioning
confidence: 99%
“…Of course, application of the theoretical ap- proach would require knowledge of the shape of the demand curve, and particularly the relationship between prices and consumption. The lack of available estimates of this relationship has been lamented in several reviews of the economic literature on illicit drugs (Wagstaff & Maynard, 1988;Niskanen, 1992;Godfrey, 1994). In particular, there are no estimates of where the demand curve intersects with the price axis, i.e.…”
Section: A Theoretical Approach To Valuing Drug Consumption and Dealingmentioning
confidence: 99%
“…The lack of available estimates of this relationship has been lamented in several reviews of the economic literature on illicit drugs (Wagstaff & Maynard, 1988;Niskanen, 1992;Godfrey, 1994). The lack of available estimates of this relationship has been lamented in several reviews of the economic literature on illicit drugs (Wagstaff & Maynard, 1988;Niskanen, 1992;Godfrey, 1994).…”
Section: Comparison With Netherlands and Scottish Studiesmentioning
confidence: 99%
“…The consequences of such criminal acts are mostly known and the risk of criminal prosecution (in the sense of rising costs for addiction-related consumption) is accepted (Niskanen, 1992). IJWBR 24,2 6.…”
Section: Differentiation Of Consumer Segmentsmentioning
confidence: 99%
“…The permanent budget shortage, caused by higher alcohol prices, motivates addicted people to search for new income sources, maybe through a variety of criminal acts. The consequences of such criminal acts are mostly known and the risk of criminal prosecution (in the sense of rising costs for addiction-related consumption) is accepted (Niskanen, 1992).…”
Section: Differentiation Of Consumer Segmentsmentioning
confidence: 99%