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ID: 087456

Illegal markets and the economics of organized crime / Bouchard, Martin; Wilkins, Chris

Bouchard, Martin	Journal Article
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Publication	2009.
Summary/Abstract	We highlight how the different studies included in this special issue contribute to our understanding of illegal markets and the economics of organized crime. A focus on the 'economics' of organized crime brings attention to the outcomes (costs and benefits), but also to the process leading to these outcomes, including analyses of the markets where criminal organizations are active.

Key Words

organized crime ; Economics ; Illegal Markets

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ID: 102084

Is small beautiful? the link between risks and size in illegal / Bouchard, Martin; Ouellet, Frederic

Bouchard, Martin	Journal Article
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Publication

2011.

Summary/Abstract

A well-known finding of research on illegal markets is that drug-dealing organisations operate in risky and uncertain market and intra-organisational conditions that considerably limit their size and their survival time. Yet, little is known about the organisations or individual dealers who are more successful than others at avoiding arrest and incarceration, especially in regard to dealers operating in groups of various sizes. This article proposes to fill this gap in the literature by fitting a Cox proportional hazard model to 'time to failure' data in a sample of 112 incarcerated male inmates who were active as drug dealers in the 3 years preceding their incarceration. The results show that organisational size is unrelated to survival. Instead, the size of dealers' core criminal networks emerged as a key factor in increasing survival in the drug trade. Other results indicate that involvement in markets for certain drugs (cocaine) is more risky than others (cannabis) and that hard drug users are arrested faster than others.

Key Words

Illegal Drug Markets ; Criminal Networks ; Survival Analysis ; Arrest Risks ; Drug Dealing ; Group Size

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ID: 080438

On the resilience of illegal drug markets / Bouchard, Martin

Bouchard, Martin	Journal Article
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Publication

2007.

Summary/Abstract

This paper argues that the concept of resilience is a fruitful way of understanding the impact of repressive policies on illegal drug markets. For the purpose of this article, resilience is defined as the ability of market participants to preserve the existing levels of exchanges between buyers and sellers, despite external pressure aimed at disrupting the trade. The first part of the paper highlights how some of the core features of illegal drug markets, a decentralized structure and high prices, contribute to increasing their resilience to attacks. The second part develops a framework that can be used to compare markets on the basis of their resilient properties. Some of the empirical and policy implications of the framework are discussed in the conclusion

Key Words

Law Enforcement ; Resilience ; Illegal Drug Markets ; Drugs Policy

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