Providing a scientific basis for managing illegal drug problems

The INSEAD is pleased to announce that the Abu Dhabi Campus will hold a research seminar on Thursday 23rd September at 11:00 am. INSEAD’s Healthcare Management Initiative sponsored reception to follow at 12:30 pm.

Stever Professor of Operations Research and Public Policy at Carnegie Mellon University's Qatar Campus and Heinz College of Public Policy and Information Systems Management will speak on: 'Providing a Scientific Basis for Managing Illegal Drug Problems'

Illegal drugs pose serious problems and challenges to policy makers throughout the world. The tools of operations research, industrial organisations, and economics can be harnessed to provide an empirical, scientific basis for drug policy making. Data are drawn from epidemiological studies, forensic laboratory analysis, undercover buys, and extensive interviews with incarcerated drug smugglers and dealers. This talk focuses on drug initiation (product diffusion), price responsiveness (elasticity of demand), and operation of the illegal supply chain, both during normal times and when the distribution network is disrupted. Resulting understanding provides the foundation for estimating the cost-effectiveness of different strategies for controlling drug use and associated social harms.

If you wish to attend this event, please contact Joanne Garcé-Rodríguez: Joanne.garce-rodriguez@insead.edu.