Artículo
When do more police induce more crime?
Fecha de publicación:
12/2022
Editorial:
Springer
Revista:
Economic Theory
ISSN:
0938-2259
Idioma:
Inglés
Tipo de recurso:
Artículo publicado
Clasificación temática:
Resumen
We provide a necessary and sufficient condition on the equilibrium of a Walrasian economy for an increase in police expenditure to induce an increase in crime. It turns out that this is essentially the condition for the Laffer curve to be downward sloping at a given ad valorem tax rate. Notably, such a perverse effect of police on crime is consistent with any appropriation technology and could arise even if the level of police protection is the socially optimal one.
Palabras clave:
Theft
,
Police
,
Walrasian equilibrium
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Articulos(SEDE CENTRAL)
Articulos de SEDE CENTRAL
Articulos de SEDE CENTRAL
Citación
Lasso de la Vega, Casilda; Volij, Oscar; Weinschelbaum, Federico; When do more police induce more crime?; Springer; Economic Theory; 76; 3; 12-2022; 759-778
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