Brown, Zach; Montero, Eduardo; Schmidt-Padilla, Carlos; … - 2022
How do gangs compete for extortion? Using detailed data on individual extortion payments to gangs and sales from a … of extortion payments and the effects of extortion on firms and consumers. We exploit a 2016 non-aggression pact between … gangs to examine how collusion affects extortion in areas where gangs previously competed. While the non-aggression pact led …