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We develop a model in which delinquents compete with each other in criminal activities but may benefit from being friends with other criminals by learning and acquiring proper know-how on the crime business. By taking the social network connecting agents as given, we study the subgame perfect...
Persistent link: https://www.econbiz.de/10005190630
Criminals are embedded in a network of relationships. Social ties among criminals are modeled by means of a graph where criminals compete for a booty and benefit from local interactions with their neighbours. Each criminal decides in a non-cooperative way how much crime effort he will exert. We...
Persistent link: https://www.econbiz.de/10005645382
and engage in local corruption to avoid punishment. When law enforcers are sufficiently well-paid, difficult to bribe and … corruption detection highly probable, we show that increasing policing or sanctions effectively deters crime. However, when … punishment induce organized crime to corruption, and ensuing impunity leads too higher rather than lower crime. …
Persistent link: https://www.econbiz.de/10005419529
several other forms of crimes that share cartels’ strategic features, including corruption and financial fraud. …
Persistent link: https://www.econbiz.de/10008802525
Sweden experienced exeptionally fast economic growth during the century-long period 1870-1970. This illustrates that a decentralized market economy, highly open to international transactions, may be quite conductive to sustained productivity growth if the government fulfills its "classical"...
Persistent link: https://www.econbiz.de/10005190641
The achievements of social-welfare arrangements in Western Europe are well known: considerable income security, relatively little poverty and, in some countries, ample supply of social services. But there are also well-known weaknesses and hence considerable scope for improvement. Three types of...
Persistent link: https://www.econbiz.de/10005419499
Recent developments in society have generated misalignment between the welfare state and socio-economic conditions and preferences. This paper emphasis developments in the labor market and the structure, stability and preferences of the family, as well as macroeconomic changes. The latter...
Persistent link: https://www.econbiz.de/10005419516
Recent developments in society have generated misalignment between the welfare state and socio-economic conditions and preferences. This paper emphasis developments in the labor market and the structure, stability and preferences of the family, as well as macroeconomic changes. The latter...
Persistent link: https://www.econbiz.de/10005639313
This paper analyzes economic-social interaction in China in connection with the country’s change of economic system. I define an economic system in terms of a multidimensional vector of broad institutional characteristics, and I emphasize that important features of the social development are...
Persistent link: https://www.econbiz.de/10005645350
It is commonly argued in the media that a presidential candidate will be helped in a state by having a governor of the same party in office. However, there is little research to support this claim. To address this question we use a regression discontinuity design. The basic idea behind this is...
Persistent link: https://www.econbiz.de/10010586131