Preferences for Firearms

Sarah Moshary, Bradley T. Shapiro and Sara Drango

American Economic Review: Insights, 2025, vol. 7, issue 3, 340-56

Abstract: This paper provides a critical input into crafting effective firearms policy: an understanding of consumer demand for guns. We estimate individual-level price sensitivity and substitution patterns across gun types using stated-choice experiments. We find that potential firearm buyers are price insensitive overall but that first-time buyers are the most price sensitive. We also estimate considerable substitution from semiautomatic long guns (sometimes called "assault weapons") to handguns, which are associated with more crimes per gun.

JEL-codes: D12 D72 K23 K42 L51 L64 M31 (search for similar items in EconPapers)
Date: 2025
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DOI: 10.1257/aeri.20230435

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