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Do czech dealers of marihuana live at theirs moms?
Hvězda, Mikuláš ; Šťastný, Daniel (advisor) ; Bartoň, Petr (referee)
This thesis is focusing on risk premium of retail dealer of marihuana. My work is based on a questionnaire research between retail dealers. Firstly I specify a hourly wage of a dealer, which is 250 CZK/h. Afterwards I compare resulting wage with a wage in the legitimate sector and the difference between the dealer`s wage and the legitimate wage is the risk premium caused by trading on black market. The results show that the risk premium makes 52 % of the dealer`s wage. Another issue I`m focusing on are causes of risk premium and their quantification. Finally I am explaining the fall of retail prices between 2007 and 2008 when the prices fell from 250 to 200 CZK/g.

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