Jofre-Bonet, Mireia;
Petry, Nancy M;
(2008)
Trading apples for oranges?
Journal of economic behavior & organization, 66 (2).
pp. 281-311.
ISSN 0167-2681
DOI: https://doi.org/10.1016/j.jebo.2006.05.002
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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. (c) 2006 Elsevier B.V. All rights reserved.
