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Lecture 7 Case Study: Price effect of licit and illicit do mediciness Article: L.Cameron & J.Williams. hangmans rope, inebriant and Cigarettes: Substitutes or Complements? The prudence Record 77, p 19-34 (2001). Introduction hangmans rope, inebriant and cigarettes are ordinarily aim drugs in Australia alcoholic drink and cigarettes are taxed and subject to linguistic rule halter is classified as an illicit drug in close states and its utilise subject to criminal sanctions Factors affecting drug practice of goods and services The drugs mart expense Full worth of halter Criminal status of the drug former(a) drugs extensive price Illicit status of marihuana Status quo is total kibosh of marihuana hangmans halter traded in black market higher(prenominal) prices and start relative to legal competitive market Crimes of acquisition Users obnubilate greater exposure to sellers of hard drugs Criminal penalty also harsh c ompared with social harm of halter use? Implications for drug policy development?  hempen necktie Use in Australia  hangmans halter and Alcohol Substitutes or Complements? Cannabis and Alcohol Substitutes? Decriminalisation of cannabis found to recoil alcohol use Alcohol use is supremely link up to sweeping price of cannabis higher(prenominal) alcohol addiction ages have demonstrable effect on cannabis connection BL 0 Cannabis U=100 Alcohol Cannabis and Alcohol Substitutes? Studies found: Decriminalisation of cannabis found to reduce alcohol use Alcohol use is positively related to wholesale price of cannabis higher(prenominal) drinking ages have positive effect on cannabis participation Alcohol Cannabis PC U=100 BL 0 Cannabis and Alcohol Substitutes? Studies found: Decriminalisation of cannabis found to reduce alcohol use Alcohol use is positively related to wholesale price of cannabis Higher drinking ages have pos itive effect on cannabis participation Alco! hol Cannabis PC BL U=150 0 Cannabis and Alcohol Complements? Studies also found: Cannabis...If you fatality to get a full essay, order it on our website: OrderCustomPaper.com

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