
Alcohol restrictions: Availability theory and inventories - The Dismal Science
Eric Crampton • Nov 06, 2016 •
It never made sense to me that restricting bottle shop hours would have any particular effect on alcohol consumption. It’s an empirical question obviously, but surely people hold inventories against periods of lack of supply. The only time I was caught out was when I didn’t know that Virginia ended bottle sales at 10pm when I was a grad … Read More