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Addiction, Thick Market Externalities, and the Persistence of the Opioid Epidemic
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We also thank Beau Kilmer for helping us access time-series data on fentanyl prices.Cutler was involved in multi-district litigation regarding opioids as an expert witness to the plaintiff counties suing opioid manufacturers
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Thick market externalities theory posits that more users and suppliers lead to easier access to drugs, increased availability of drug-related information, and lower stigma associated with drug use, all of which attract even more participants to the illegal drug market.
“as suggested by the thick market externalities theory.23 This theory posits that more users and suppliers lead to easier access to drugs, increased availability of drug-related information, and lower stigma associated with drug use, all of which attract even more participants to the illegal drug market.”
From Safer Opioid Supply, Subsequent Drug Decriminalization, and Opioid Overdoses (2025) · cites this paper as [23]
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Metadata
- Authors
- Cutler, D., & Donahoe, J. T.
- Affiliations
- National Bureau of Economic Research (US)
- Venue
- National Bureau of Economic Research
- Publisher
- National Bureau of Economic Research
- Published
- 2024-01
- OpenAlex
- W4391116686
- Cited by
- 13
- References
- 73
- Citations by year
- 2026: 1 · 2025: 4 · 2024: 6
- Type
- report
- Language
- en
- Open access
- green
- doi.org
- Locations
- National Bureau of Economic Research (publishedVersion)
- Funders
- National Institutes of Health (R36HS029104)
- Agency for Healthcare Research and Quality (T32HS000055, T32MH019733)
- National Institute on Aging (T32AG000186, P01AG005842)
- National Institute of Mental Health (T32HS000055, T32MH019733)
- Topics
- Health Sciences › Medicine › Public Health, Environmental and Occupational Health › Opioid Use Disorder Treatment
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Healthcare Policy and Management
- Social Sciences › Economics, Econometrics and Finance › Economics and Econometrics › Pharmaceutical Economics and Policy
- Keywords
- opioid epidemic, addiction, pharmaceutical litigation, multidistrict litigation, expert testimony, pharmaceutical industry
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