Showing 1 - 4 of 4
Persistent link: https://www.econbiz.de/10005385237
This paper extends Malik's (1990) analysis to the case where criminals' avoidance efforts and public expenditures in the detection of criminals are strategic complements in the aggregate technology of control of illegal behaviours. In this set up, we show that whenever criminals' avoidance...
Persistent link: https://www.econbiz.de/10005385271
L'enseignement qui est habituellement retenu des travaux empiriques réalisés à la suite de La Porta, Lopez-de-Silanes, Shleifer et Vishny (1997), est qu'il convient de promouvoir un haut niveau de protection juridique des créanciers. A l'inverse de cette recommandation, certains pays...
Persistent link: https://www.econbiz.de/10005077830
This paper presents a general rent-seeking model in which participants decide on entry before choosing their levels of efforts. The conventional wisdom in the rent-seeking literature suggests that the rent dissipation increases with the number of potential participants and with their pro-...
Persistent link: https://www.econbiz.de/10005570149