Seeing what you want to see: Minimum pricing edition - The Dismal Science
Eric Crampton • Jun 05, 2014 •
Before we start working through Otago's latest missive on minimum alcohol pricing, let's re-state a few baseline facts.Heavy drinkers are less price responsive than are moderate drinkers. This is well established in Wagenaar's metastudy, and is recognized (but then later ignored) in the Ministry of Justice's report on alcohol minimum pricing. Here's a table from that MoJ report. Heavy … Read More