Illegal Markets

1.Illegal Markets – Operation John-John: Predict what happens in the market for illegal prostitution when
the police execute “Operation John-John” where they use a “reverse sting” with fake prostitutes used to arrest prostitution demanders. This is a Supply & Demand question so I’m looking for changes in price and quantity. But you should also go deeper and speculate on other, unintended, consequences of this law enforcement action.
2.Systemic Violence: Why are some illegal/black markets more likely to create violence than others? Give examples and think of some creative fictional examples. What currently legal products might generate violence if they were completely banned? Or, what kinds of regulations might lead to market-related
violence in their black markets?

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