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-level activities, size-wise as well as state-wise, thereby creating some sort of inequality. Moreover, we also show that the aggregate …
Persistent link: https://www.econbiz.de/10010465456
Deterrence has been a crucial element in fighting terrorism, both in politics and in rational choice analyses of terrorism. However, there are two strategies that are superior to deterrence. The first one is to make terrorist attacks less devastating and less attractive to terrorists through...
Persistent link: https://www.econbiz.de/10014225421
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10010262404
We present a model of wage contract violation that implies a possibility of multiple equilibria in the level of arrears. Positive feedback arises because each employer's arrears affect the costs of late payment faced by other employers operating in the same labor market, resulting in a network...
Persistent link: https://www.econbiz.de/10011339102
Empirical evidence reveals that unemployment tends to increase property crime but that it has no effect on violent … crime. To explain these facts, we examine a model of criminal gangs and suggest that there is a substitution effect between … property crime and violent crime at work. In the model, non-monetary valuation of gang membership is private knowledge. Thus …
Persistent link: https://www.econbiz.de/10010264089
We analyse property crime in an economy composed of a large number of heterogeneous individuals who need to protect … themselves. The crime equilibrium is modeled as a free-access equilibrium in which the match between criminals and victims … equates the average returns to crime. The supply and toleration for crime are endogenized taking into account incentives to …
Persistent link: https://www.econbiz.de/10014082705
these dynamics. Relying on a game-theoretic approach, we show how inequality and corruption are interconnected via a crime …Empirical evidence on the causes and effects of inequality suggests the existence of a vicious circle of mutually … reinforcing inequality and corruption. Despite the broad empirical evidence, there are only a few formal theoretical models on …
Persistent link: https://www.econbiz.de/10012902058
mineral wealth on local crime levels in South Africa --- leveraging detailed crime data from 1,084 police precincts over 10 … cost of engaging in criminal activity. Consistent with this we also document that results are driven by property crime and … mineral prices can cause surges in crime. To investigate how resilience against such surges can be achieved, we exploit the …
Persistent link: https://www.econbiz.de/10012902670
so that in equilibrium more police induces more crime. This perverse effect could arise even if the level of police …
Persistent link: https://www.econbiz.de/10013211578
Empirical evidence reveals that unemployment tends to increase property crime but that it has no effect on violent … crime. To explain these facts, we examine a model of criminal gangs and suggest that there is a substitution effect between … property crime and violent crime at work. In the model, non-monetary valuation of gang membership is private knowledge. Thus …
Persistent link: https://www.econbiz.de/10012773601