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National Repository of Grey Literature 1 records found  Search took 0.01 seconds. 
Price Discrimination on the Marijuana Market: Schwag or Endo?
 Stroukal, Dominik ; Šťastný, Daniel (advisor) ; Bolcha, Peter (referee)
This paper presents an example of price discrimination on the market for marijuana in northern Bohemia in 2006. First, a model for a multifirm market is built, with emphasis on the existence of two types of firms and two qualities good offered. It is shown that in the case of a dealer of two qualities of marijuana there is an incentive to raise the price of the more expensive quality and reduce the price of the cheaper. Using econometric estimates, price discrimination is found in accordance with the predictions of the model in the amount of about 50 crowns per gram.
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