Illegal Drug Use and Government Policy: Evidence from a Darknet Marketplace
with Priyanka Goonetilleke, Anastasia Karpova, and Peter Meylakhs
This paper uses a unique dataset to estimate a structural model of demand for illegal drug varieties. We use the estimated model to evaluate government policies that target the supply of illegal drugs.
An Economy of Neural Networks: Learning from Heterogeneous Experiences
This paper leverages concepts from deep learning to develop a dynamic model of bounded rationality with heterogeneous agents. The model is used to explain the high share of households with no savings.
Hydra: Lessons from the World’s Largest Darknet Market
with Priyanka Goonetilleke and Alex Knorre
This paper examines the consequences of shutting down drug marketplaces.
Applied Microeconomics, Industrial Organization, Computational Economics