Article ID Journal Published Year Pages File Type
884709 Journal of Economic Behavior & Organization 2008 31 Pages PDF
Abstract

This paper studies polydrug use patterns in Heroin and Cocaine addicts from experiments measuring drug elasticities during changes in Heroin and Cocaine prices. Heroin addicts’ demand for Heroin is inelastic; Cocaine, Marijuana, and Alcohol are complements, and Valium and Cigarettes are substitutes for Heroin. Heroin addicts’ demand for Cocaine is inelastic; Marijuana and Valium are substitutes, and Alcohol is a complement. Cocaine addicts’ demand for Cocaine is elastic; complements are Heroin and Alcohol, and substitutes are Marijuana and Valium. Cocaine addicts’ demand for Heroin is inelastic; Alcohol is a complement while Cocaine, Marijuana and Valium are substitutes.

Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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