Immordino, G.; Russo, F.F. - In: Journal of Public Economics 121 (2015) C, pp. 14-31
We build an equilibrium model of prostitution where clients and sex workers choose to demand and supply sex under three … legal regimes: prohibition, regulation and laissez-faire. The key feature is the endogenous evolution of the risk as a … policies on the equilibrium quantity of prostitution and on the harm associated with it. A prohibition regime that makes it …