Answers are grounded in this paper and cite their sources.
Given the high human and economic costs of stringent enforcement measures, particularly incarceration, the lack of evidence that tougher enforcement raises prices call into question the value, at the margin, of stringent supply-side enforcement policies in high-enforcement nations.
No takes yet. Share an insight, caveat, or question.
Pollack et al. (2014) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: