CARFÌ, David; PINTAUDI, Angelica - In: Journal of Advanced Research in Law and Economics III (2012) 1, pp. 10-25
In this paper we consider the quantitative decision problem to allocate a certain amount of time upon two possible market activities, specifically a legal one and an illegal one. The problem was considered in literature by Isaac Ehrlich, in his seminal paper 'Participation in Illegitimate...