Getting into the Weeds: Competition and Cheating in the Washington State Marijuana Market
Abstract/Contents
- Abstract
- To sustain profitability, firms strive to gain any edge over their competitors: sometimes even acting illegally. This paper looks into the effect of the level of competition on the rates of license violations within the Washington State Recreational Marijuana Market. I exploit a 2016 policy change in which some counties received a bump in the amount of firms allowed to operate in the county, while others did not. Using a difference-in- differences approach around this competition shock, this paper finds that counties that received more licenses were correlated with significant, higher levels of license violations than those that did not.
Description
Type of resource | text |
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Date created | May 3, 2019 |
Creators/Contributors
Author | Patton, Henry | |
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Degree granting institution | Stanford University, Department of Economics | |
Primary advisor | Clerici-Arias, Marcelo | |
Advisor | Larsen, Brad |
Subjects
Subject | Department of Economics |
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Subject | Stanford University |
Subject | Competition |
Subject | Marijuana |
Subject | Washington |
Subject | Cheating |
Subject | Difference-in-Differences |
Subject | License |
Subject | County |
Subject | Regulation |
Genre | Thesis |
Bibliographic information
Access conditions
- Use and reproduction
- User agrees that, where applicable, content will not be used to identify or to otherwise infringe the privacy or confidentiality rights of individuals. Content distributed via the Stanford Digital Repository may be subject to additional license and use restrictions applied by the depositor.
- License
- This work is licensed under a Creative Commons Attribution Non Commercial 3.0 Unported license (CC BY-NC).
Preferred citation
- Preferred Citation
- Patton, Henry. (2019). Getting into the Weeds: Competition and Cheating in the Washington State Marijuana Market. Stanford Digital Repository. Available at: https://purl.stanford.edu/fy191fg5303
Collection
Stanford University, Department of Economics, Honors Theses
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- HankPatton09@gmail.com
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