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link between crime and growth based on the theory of rational choice and empirical data. Exogenous and endogenous growth … significance. In other words, crime imposes the costs of prosecution and punishment on the citizens and country, which influences …
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Economic analysis of crime and criminal law addresses the question of individual welfare (utility) maximization through optimal allocation of resources and time in accordance to their relative returns. In this paper I first summarize the theoretical and empirical evidence on the nexus between...
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