crime as a “hidden tax” on producers or consumers. We estimate the size of this tax and how it is affected by exogenous …

absence of state authority, insecurity and crime generate a demand for protection. When the protection providers themselves … are recruited among criminals, the prospect of graduating to the Firm magnifies the incentive for violent crime. More … tournament and rent-seeking theory, we derive results that contrast with standard results from the rent-seeking literature. For …

difference between the US and Europe in crime statistics and law enforcement expenditures. …

¤erence between the US and Europe in crime statistics and law enforcement expenditures. …

In a high-crime environment with many high-income citizens, private security companies which offer protection against … crime can flourish. In this article crime is modelled as a game where richer victims yield a higher return on crime, but … with decreasing returns to crime as more criminals choose crime to supplement their income. Private security providers …

In a high-crime environment with many high-income citizens, private security companies which offer protection against … crime can flourish. In this article crime is modeled as a game where richer victims yield a higher return on crime, but with … decreasing returns to crime as more criminals choose crime to supplement their income. Private security providers off er …

would have in a world without crime. The modified Baumol-Tobin model predicts a large increase in household money demand in … 2005, mostly due to reduced crime rates. -- Currency Demand ; Crime ; Baumol-Tobin ; Dynamic Programming …

have in a world without crime. The modified Baumol-Tobin model predicts a large increase in household money demand in 2005 …, mostly due to reduced crime rates …