Optimal enforcement on a pure seller's market of illicit drugs

Optimal enforcement on a pure seller's market of illicit drugs

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Article ID: iaor20011893
Country: United States
Volume: 106
Issue: 1
Start Page Number: 1
End Page Number: 22
Publication Date: Jul 2000
Journal: Journal of Optimization Theory and Applications
Authors: , ,
Keywords: drugs
Abstract:

An optimal control problem for the dynamic enforcement (crackdown) of dealers on a pure seller's market for illicit drugs is explored. Theorems on existence and uniqueness of the optimal synthesis are proved. Using a technique of resolution of singularities for degenerate differential equations, we design analytically an optimal enforcement policy.

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