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Becker, Gary S. Williamson, Oliver E, Steven D. Mitchell Polinsky, Bruno S. Frey, Becker, Gary S. Stigler Center for the Study of the Economy and the State. Flores, Daniel, Poret, Sylvaine, Sylvaine Poret, Caulkins, Jonathan P. Thomas J. DeAngelo, Gregory, Discussion Papers. Ennio E. Piano, Edward M. Blackely, Zimmerman ed. Boone, J. Miceli, Thomas J. Yahagi, Ken, Almeida, Rita K. Carmen Arguedas, Arguedas, Carmen, You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pra:mprapa See general information about how to correct material in RePEc. If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about. If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form. If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the 'citations' tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation. For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Joachim Winter email available below. Please note that corrections may take a couple of weeks to filter through the various RePEc services. Economic literature: papers , articles , software , chapters , books. My bibliography Save this paper. We present a case study of the market of drug dealing in the context of a drug producing country. A main characteristic of a drug producing country is that illegal drugs are more accessible and have dramatically lower prices in the street market compared to countries that do not produce drugs. We locate our study to the city of Bucaramanga, Colombia; the country with the largest production of cocaine in the world. We make use of two sources of primary information i direct interviews to drug dealers, and ii media analysis of the local newspaper. Our main finding is that individual dealers exchange drugs, without any incentives to integrate and take control of the distribution in the city. That is, the low prices of drugs reduce profit and deter dealers to fight for monopoly, leading to a decentralized market of multiple uni-personal firms who use no violence. Handle: RePEc:pra:mprapa as. Most related items These are the items that most often cite the same works as this one and are cited by the same works as this one. Corrections All material on this site has been provided by the respective publishers and authors. Help us Corrections Found an error or omission? RePEc uses bibliographic data supplied by the respective publishers.
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