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NCJ Number: NCJ 242296    
Title: How Drug Enforcement Affects Drug Prices (From Crime and Justice: A Review of Research, V 39, P 213-271, 2010, Michael Tonry, ed. - See NCJ-242292)
Author(s): Jonathan P. Caulkins ; Peter Reuter
Date Published: 2010
Page Count: 59
Sale Source: University of Chicago Press
1427 East 60th Street
Chicago, IL 60637
United States of America
Publisher: http://www.press.uchicago.edu 
Type: Legislation/Policy Analysis
Language: English
Country: United States of America
Annotation: This essay examines how drug enforcement affects the price of drugs.
Abstract: Enforcement against drug selling remains the principal tool of drug control in the United States and many other countries. Although the risk of incarceration for a drug dealer has risen fivefold or more over the last 25 years in the United States, the prices of cocaine and heroin have fallen substantially. Different models of how enforcement affects drug supply may help explain the paradox. There are substantial periods in which drug markets are not in the stable equilibrium that has informed much of the empirical research. Enforcement is likely to be more effective in preventing the formation of a mass market than in suppressing such a market once it has formed. Once a mass market is established, there may be little return to intense enforcement. A modest level of enforcement may generate most of the benefits from prohibition. (Published Abstract)
Main Term(s): Drug Policy
Index Term(s): Police effectiveness ; Deterrence effectiveness ; Effectiveness of crime prevention programs ; Drug prices
   
  To cite this abstract, use the following link:
https://www.ncjrs.gov/App/Publications/abstract.aspx?ID=264367

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