We study the moral hazard effects of the drug copayment threshold in Finland using detailed prescription drug purchase … data. The analysis reveals that the average drug costs increase discontinuously by 17% at the threshold above which out …-of-pocket drug costs decrease substantially. Our results suggest an average price elasticity of -0.17, which indicates evident moral …

this paper, I study whether the Dark Web has an impact on street crime, a common side effect of traditional drug trade. To … identify a causal effect, I use daily data from the US and exploit unexpected shutdowns of large online drug trading platforms … them. I find that shutting down Dark Web markets leads to a significant increase in drug trade in the streets. However, the …