Drugs, Showrooms and Financial Products: Competition and Regulation When Sellers Provide Expert Advice

Bardey, David; Martimort, David; Pouyet, Jerome

Drugs, Showrooms and Financial Products: Competition and Regulation When Sellers Provide Expert Advice

David Bardey, David Martimort and Jerome Pouyet

No 1184, HEC Research Papers Series from HEC Paris

Abstract: This paper examines the evolution of drug use in Colombia over the past years. Our analysis, based on surveys from the Dirección Nacional de Estupefacientes, shows that drug consumption grew substantially between 1996 and 2013. The growth occurred for both genders, all ages, socioeconomic strata and types of occupation. The results also suggest that men of high socioeconomic strata who regularly consume alcohol and cigarettes and who are between 18 and 24 years of age are more likely to use drugs. Finally, the paper presents some indirect evidence that contradicts the alleged effects of the judgment of the Constitutional Court (Sentencia C-221 of May 1994) that decriminalized the personal dose on the consumption of drugs in Colombia.

Keywords: Drugs; decriminalization (search for similar items in EconPapers)
JEL-codes: D12 I18 (search for similar items in EconPapers)
Pages: 51 pages
Date: 2016-11-01, Revised 2017-01-16
New Economics Papers: this item is included in nep-hea, nep-law and nep-reg
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Persistent link: https://EconPapers.repec.org/RePEc:ebg:heccah:1184

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