The Economics of Drug Abuse: a Quantitative Assessment of Drug Demand

  Figure 3.
Figure 3.

The behavioral economics of ketamine consumption. A. Despite differences in the doses of ketamine made available to rhesus monkeys (green, 0.03 mg/kg; blue, 0.1 mg/kg; yellow, 0.3 mg/kg), the demand curves and economic parameters (e.g., Pmax) that describe usage of the drug are constant and thus descriptive for ketamine. B. Given that unit price P is equal to FR (expenditure) per dose (D), and given a constant Pmax for ketamine, it becomes clear that the monkeys must work harder at lower doses to maintain their intake of ketamine. [See (22).]

This Article

  1. MI February 2005 vol. 5 no. 1 20-28