Showing 1 - 6 of 6
Organised crime is unique within the underground economy. Unlike individual criminals, criminal organisations can substitute between a variety of inputs; chiefly labour and effort. This paper considers the effect of several popular anti-crime policies in such an environment. Using a profit...
Persistent link: https://www.econbiz.de/10010190260
Policies targeted at high-crime neighbourhoods may have unintended consequences in the presence of organised crime. Whilst they reduce the incentive to commit crime at the margin, those who still choose to join the criminal organisation are hardened criminals. Large organisations take advantage...
Persistent link: https://www.econbiz.de/10010380955
We study an individual's incentive to search for a job in the presence of random criminal opportunities. These opportunities extenuate moral hazard, as the individual sometimes commits crime rather than searching. Even when he searches, he applies less effort. We then revisit the design of...
Persistent link: https://www.econbiz.de/10010504464
We study an individual's incentive to search for a job in the presence of random criminal opportunities. These opportunities extenuate moral hazard, as the individual sometimes commits crime rather than searching. Even when he searches, he applies less effort. We then revisit the design of...
Persistent link: https://www.econbiz.de/10010380952
Persistent link: https://www.econbiz.de/10011804426
We conduct a field experiment to assess whether alcohol-induced behavioural changes explain participants' recent history of violence. We find that being in a drinking environment, rather than intoxication, reduces participants' cognitive ability but increases their overconfidence. Those who...
Persistent link: https://www.econbiz.de/10012009419