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Institutions and Drug Markets

This thesis examines how drug policy and enforcement affect drug manufacturers. The approach taken is a comparative institutional analysis of cannabis and methamphetamine production. I focus on the effects of prohibition, privacy, and clandestine markets on producer behavior for these two drugs and the unintended consequences that result. I demonstrate that cannabis and methamphetamine producers both face substantial transaction costs and that producers alter their behavior to manage these transaction costs. I conclude that cannabis producers can adopt indoor, small-scale operations to hide their activity, which are capable of yielding continuous, high-potency crops. Methamphetamine producers also adopt small-scale, decentralized strategies, but commodity control increases their exposure and leads to greater overall transaction costs during the manufacturing process.

Identiferoai:union.ndltd.org:unt.edu/info:ark/67531/metadc4777
Date05 1900
CreatorsHaddock, Billy Dean
ContributorsBrandt, Patrick, VonDoepp, Peter, Poe, Steven
PublisherUniversity of North Texas
Source SetsUniversity of North Texas
LanguageEnglish
Detected LanguageEnglish
TypeThesis or Dissertation
FormatText
RightsPublic, Copyright, Haddock, Billy Dean, Jr, Copyright is held by the author, unless otherwise noted. All rights reserved.

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