proposed policy mix can control the increase in cannabis consumption post-legalization and throttle the illegal market. The … and legalization. While introducing a legal market reduces the profits of illegal providers, it increases cannabis … opted for legalization, leaving room for the black market to flourish. Analyzing the compatibility of several policy goals …

proposed policy mix can control the increase in cannabis consumption post-legalization and throttle the illegal market. The … and legalization. While introducing a legal market reduces the profits of illegal providers, it increases cannabis … opted for legalization, leaving room for the black market to flourish. Analyzing the compatibility of several policy goals …

This paper investigates how legal cannabis access affects student performance. Identification comes from an exceptional … policy introduced in the city of Maastricht which discriminated legal access based on individuals’ nationality. We apply a … Maastricht University before and during the partial cannabis prohibition. We find that the academic performance of students who …

this policy causally reduced injury-induced mortality in the country by at least 14% during the five weeks of the ban. We … results underscore the severe harm that alcohol can cause and point towards a role for policy measures that target the …

We provide evidence for a beneficial welfare impact of a crime policy that is targeted at strengthening victim … precaution. Regulation made application of the electronic engine immobilizer, a simple and low-cost anti-theft device, mandatory … for all new cars sold within the European Union as of 1998. We exploit the regulation as source of exogenous variation in …

this policy causally reduced injury-induced mortality in the country by at least 14% during the five weeks of the ban. We … results underscore the severe harm that alcohol can cause and point towards a role for policy measures that target the …

Empirical evidence reveals that unemployment tends to increase property crime but that it has no effect on violent … crime. To explain these facts, we examine a model of criminal gangs and suggest that there is a substitution effect between … property crime and violent crime at work. In the model, non-monetary valuation of gang membership is private knowledge. Thus …