Results

CEP discussion paper

(In)convenient stores? What do policies pushing stores to town centres actually do?

England's Town Centre First Policy, introduced in 1996, restricted the opening of new retail and other 'traditional town centre activities' to 'Town Centre' (TC) locations. The aim was to halt the decay of high streets. ...Read more...

Journal article

Journal of Economic Behavior and Organization:

The economic functioning of online drugs markets

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...

CentrePiece article

Dark web: the economics of online drugs markets

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...

CEP discussion paper

The economic functioning of online drugs markets

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...

Journal article

American Economic Review:

A structural model of the retail market for illicit drugs

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...

CEP discussion paper

Crime and Police Resources: The Street Crime Initiative

In this paper we look at links between police resources and crime in a different way to the existing economics of crime work. To do so we focus on a policy intervention - the Street Crime Initiative - that was introduced...Read more...