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and interact repeatedly may use implicit contracts to minimize crime. I construct a dynamic limited-commitment model in …
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This paper extends the optimal law enforcement literature to organized crime. We model the criminal organization as a … vertical structure where the principal extracts some rents from the agents through extortion. Depending on the principal …. In that case, the results obtained by applying standard theory of optimal law enforcement are robust: we argue for a …
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The criminal legal system is at a crossroads. Calls for abolition are met with calls for modest adjustments or maintenance of the status quo. What frequently emerges from these polarities is a promise that police, prosecutors, judges, and other government actors will use their vast discretion to...
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In Counterfeit Crime, economist, historian, and criminologist R.T. Naylor dissects the costs - economic, social, and … political - of the seemingly never-ending wars on the grossly exaggerated menaces of Crime and Terror and how most things … Christianity and a military-security-industrial complex in search for new - mostly imaginary - enemies. Counterfeit Crime is savage …
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pt. 1. Fundamental economics of crime and enforcement -- pt. 2. Applying economic theory to crime -- pt. 3. Use of … statistical analysis in research on crime -- pt. 4. Economics of specific enforcement issues. …
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