Tagged: Washington

Cannabis Cross-price Elasticities - The Dismal Science

Eric Crampton Feb 19, 2018

It’s been a bit of an open question whether legalised marijuana would lead to more or less alcohol use.  If the two goods are complements, say if people liked drinking while consuming cannabis, then any increase in cannabis use could yield greater alcohol use. If they were substitutes and people smoked instead of drinking, alcohol use could drop. RAND … Read More