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National Repository of Grey Literature 2 records found  Search took 0.01 seconds. 
Drug markets - price making analysis
 Rössl, Karel ; Běláčková, Vendula (advisor) ; Houdek, Petr (referee)
The thesis deals with economic theory and research of the drug markets. Analysis of the literature compares individual approaches to theories by present authors, including their conclusions on data for the U.S. Established hypotheses based on the conclusions of analyzed literature are tested mainly using regression analysis on the available Czech data, where data on marihuana markets have high interdependency. The effects of selected variables on the price of drugs, which is a key characteristic of drug markets, are tested on data for the EU-27. The work describes trends in European drug markets and provides evidence on the influence of the variables on the price of drugs.
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Regulatory options for the market of designer drugs
 Turek, Tomáš ; Běláčková, Vendula (advisor) ; Chytilová, Helena (referee)
This paper describes an analyses the market of "legal" drugs, so called designer drugs, which emerged in Czech republic by the end of 2010, in other European countries about a year earlier. It applies known theoretical arguments concerning state regulation of drug markets to the market of new drugs and uses them to compare different possible policies. Theoretical findings and microeconomic concepts are then confronted with the reality of the market of new drugs, including valuable data collected in own street survey and by monitoring now defunct internet phora of drug users. It is concluded that repressive attitude towards regulation of new drugs is sustainable only for the price of high societal cost and significant restriction of civil rights. Reducing the demand for drugs seems to be the only viable means of reducing their consumption in an open market economy with liberal democratic system.
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