Arbeitspapier

Defending organized crime? A note

The objective of this note.is to discuss optimal enforcement strategies vis-a-vis organized and unorganized crime. Taking an earlier contribution by Buchanan as a starting point of the analysis, it is argued that his proposal to monopolize crime in order to reduce the general level of criminal activity is a questionable strategy to curb crime. Syndicated crime is likely to benefit from economies of scale in the provision of non-governmental enforcement of agreements and contracts. The consequent reduction in costs is likely to increase the general level of criminal activity. Nevertheless, the price-theoretic argument is seen as an interesting starting point for the design of new strategies to combat crime.

Language
Englisch

Bibliographic citation
Series: Diskussionsbeiträge ; No. 120

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Backhaus, Jürgen G.
Event
Veröffentlichung
(who)
Universität Konstanz, Fachbereich Wirtschaftswissenschaft und Statistik
(where)
Konstanz
(when)
1979

Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

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Object type

  • Arbeitspapier

Associated

  • Backhaus, Jürgen G.
  • Universität Konstanz, Fachbereich Wirtschaftswissenschaft und Statistik

Time of origin

  • 1979

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