Calvó-Armengol, Antoni; Verdier, Thierry; Zenou, Yves - C.E.P.R. Discussion Papers - 2006
This paper analyses the interplay between social structure and information exchange in two competing activities, crime … as dyads. There are multiple equilibria. If jobs are badly paid and/or crime is profitable, unemployment benefits have to … be low enough to prevent workers for staying too long in the unemployment status because they are vulnerable to crime …