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. -- tourism ; crime ; externalities … positive relationship between tourism and crime in destinations. When using the level rather than the rate of total crime and … tourist population. Therefore, the main explanation for the impact of tourism on crime seems to be agglomeration effects …
Persistent link: https://www.econbiz.de/10009567076
of the number of visitors and residents in destinations. -- Tourism ; crime ; externalities … relationship between tourism and crime in destinations. When controlling for the difference between tourists and residents in the … have a greater amount of crime than non-tourist areas in the long run. Following the literature of the economics of crime à …
Persistent link: https://www.econbiz.de/10009411948
relationship between tourism and crime in destinations. When controlling for the difference between tourists and residents in the … have a greater amount of crime than non-tourist areas in the long run. Following the literature of the economics of crime à… test whether total crime in Italy is affected by tourist arrivals. Findings confirm the initial intuition of a positive …
Persistent link: https://www.econbiz.de/10013111675
One of the more striking features of the debate over the Coase theorem is the wide variety of models and theoretical frameworks used to discuss, evaluate, or otherwise analyze Coase’s result - an artifact of an ambiguity in Coase’s reasoning. Some framed Coase’s result in a bargaining...
Persistent link: https://www.econbiz.de/10012648438
This paper revisits the path by which Coase developed the result now known as the Coase theorem, including the famous meeting at the home of Aaron Director during which Coase ‘converted’ a group of Chicago economists to his way of thinking. Drawing on published and archival sources, we...
Persistent link: https://www.econbiz.de/10014313950
considering the negative externalities of crime, perfect competition does not provide the optimal durability level. When …) durability. The monopolist under-produces durability regardless of the stealing technology considered. If crime externalities are …Crime and the durability of goods are strongly connected issues. However, surprisingly, they have been studied …
Persistent link: https://www.econbiz.de/10012935349
publication to demonstrate that Coase's emphasis on the reciprocal nature of externalities, the importance of transaction costs …
Persistent link: https://www.econbiz.de/10013049240
This paper studies two cases designed by Coase, analyses the effects of legal rules of external damage liability on the costs and resource allocation of the parties at issue, and demonstrates that the Coase Theorem is not tenable even if all its assumptions or conditions hold. The role of...
Persistent link: https://www.econbiz.de/10012966493
This paper examines the welfare implications of different libel law standards as applied to newspapers in publishing stories. Our work extends the current literature by permitting private and public incentives to deviate, giving rise to an agency problem, and by formulating a two-stage decision...
Persistent link: https://www.econbiz.de/10014113649
further argue that policymakers must take externalities into account, even when using choice architecture. Finally, I argue …
Persistent link: https://www.econbiz.de/10014193492