Showing 1 - 5 of 5
Persistent link: https://www.econbiz.de/10012841667
Persistent link: https://www.econbiz.de/10013270134
We show that it is possible to incorporate any appropriation technology available to thieves into a Walrasian economy so that in equilibrium more police induces more crime. This perverse effect could arise even if the level of police protection is the socially optimal one
Persistent link: https://www.econbiz.de/10013211578
Persistent link: https://www.econbiz.de/10014321375
Persistent link: https://www.econbiz.de/10014426056