Horváth, Roman; Kolomazníková, Eva - In: Czech Journal of Economics and Finance (Finance a uver) 53 (2003) 3-4, pp. 154-168
The authors provide a survey of the most important findings of the early models of the economics of crime, namely the models of Becker, Ehrlich and Heineke. These models study rational individual decision-making about entering into illegal activities. Probability and size of punishment,...