By Herbert Dawid, Karl F. Doerner, Gustav Feichtinger, Peter M. Kort, Andrea Seidl
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Additional resources for Dynamic Perspectives on Managerial Decision Making: Essays in Honor of Richard F. Hartl
Caulkins and G. Tragler Fig. 5 The influence of Ä on the equilibrium values and the DNSS threshold. l/ . The black curve between Ä1 and Ä2 bending upwards represents the level of the DNSS threshold, and the horizontal gray line at the very bottom stands for the lower limit at A A more subtle point emerges from the observation that the social cost per gram consumed is not an immutable physical constant like or the speed of light. There are a whole set of policies not modeled here but popular in countries such as Australia and the Netherlands that go under the banner of “harm reduction”.
1998a). The cost-effectiveness of civil remedies: The case of drug control interventions. In L. Green Mazerolle & J. ), Crime Prevention Studies, 9, 219–237. Caulkins, J. P. (1998b). Drug prevention: The paradox of timing. Federation of American Scientists’ Drug Policy Analysis Bulletin, 5, 1–3. Caulkins, J. P. (2001). The dynamic character of drug problems. Bulletin of Narcotics, 53(1), 11– 23. Caulkins, J. P. (2004). Drug policy: Insights from mathematical analysis. In M. L. Brandeau, F. Sainfort, & W.
Nevertheless, Manski et al. (2001) note that selection effects could have introduced an upward bias and, more generally, there is next to no definitive data from randomized controlled trials concerning the effectiveness of cocaine treatment. Hence, this parameter is an appropriate object of sensitivity analysis. Varying this parameter affects the saddle-point equilibrium in predictable ways. The more effective treatment is, the greater its share of control spending in steady state, and the fewer users there are in steady state.
Dynamic Perspectives on Managerial Decision Making: Essays in Honor of Richard F. Hartl by Herbert Dawid, Karl F. Doerner, Gustav Feichtinger, Peter M. Kort, Andrea Seidl