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Crime, Punishment and Deterrence — Markets for Illegal Activities and the Economics of Public Law Enforcement

In: Law and Markets

Author

Listed:
  • Alex Robson

    (University of Wollongong)

Abstract

In previous chapters we examined legal rules that govern private harms and breaches of private agreements. This chapter analyses markets for illegal activities, which are thought to generate a more widely dispersed kind of social harm and which, in general, cannot be perfectly detected or enforced.

Suggested Citation

  • Alex Robson, 2012. "Crime, Punishment and Deterrence — Markets for Illegal Activities and the Economics of Public Law Enforcement," Palgrave Macmillan Books, in: Law and Markets, chapter 9, pages 246-282, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-35494-4_9
    DOI: 10.1057/9780230354944_9
    as

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