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The economic functioning of online drug markets using data scraped from online platforms is studied. Analysis of over 1.5 million online drugs sales shows online drugs markets tend to function without the significant mor...Read more...
V. Bhaskar, Robin Linacre and Stephen Machin
1 March 2019
The online market for buying and selling drugs is resilient and seems to bounce back rapidly after the exit of a large platform like Silk Road. That is one of the findings of research by Stephen Machin and colleagues, wh...Read more...
1 November 2017
17 July 2017
We estimate a model of illicit drugs markets using data on purchases of crack cocaine. Buyers are searching for high-quality drugs, but they determine drugs' quality (i.e., their purity) only after consuming them. Hence,...Read more...
Manolis Galenianos and Alessandro Gavazza
1 March 2017