Efficiency of purchasing and selling agents in markets with quality uncertainty: The case of illicit drug transactions

Author:

Ben Lakhdar Christian,Leleu Hervé,Vaillant Nicolas Gérard,Wolff François-Charles

Publisher

Elsevier BV

Subject

Information Systems and Management,Management Science and Operations Research,Modelling and Simulation,General Computer Science,Industrial and Manufacturing Engineering

Reference46 articles.

1. The market for “lemons”: quality uncertainty and the market mechanism;Akerlof;Quarterly Journal of Economics,1970

2. Technical report for the price and purity of illicit drugs: 1981 through the second quarter of 2003;Arkes;Office of National Drug Control Policy,2004

3. Beck, F., Legleye, S., Spilka, S. (2007). Cannabis, cocaine, ecstasy: entre expérimentation et usage régulier. In: Beck, F., Guilbert, P., Gautier, A. (Eds.), Le Baromètre Santé 2005, Paris, INPES, pp. 169–221.

4. Rational addiction and the effect of price consumption;Becker;American Economic Review,1991

5. A theory of rational addiction;Becker;Journal of Political Economy,1988

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