Freakonomics Analysis Questions

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Week Three Freakonomics Analysis Question The authors of Freakonomics (2006) relate a gang of drug dealers and how their operation works to a tournament or a winner take all market. They imply that a person starts on the bottom of the chain like an athlete or game player would in a sporting tournament, then they work their way to the next level of the game by winning or beating all of the other opponents on that level. The player would eventually work their way through all of the levels until they are the top athlete or the boss of all of the other gang members. A street level drug dealer may be willing to accept low pay and poor working conditions if he were to believe that after he put in his time and played his way to the top he would

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