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Article
On the Economics of Crime and Confiscation
Journal of Economic Perspectives (1990)
  • Ted Bergstrom , University of California, Santa Barbara
Abstract

This little paper is presented in the form of two puzzles. It shows that simple supply and demand analysis leads to surprising results about the effect of confiscating illegally traded goods.

Keywords
  • economics of crime,
  • confiscation,
  • drugs,
  • illegal commodities,
  • punishment
Disciplines
Publication Date
Summer 1990
Citation Information
Ted Bergstrom. "On the Economics of Crime and Confiscation" Journal of Economic Perspectives Vol. 4 Iss. 3 (1990)
Available at: http://works.bepress.com/ted_bergstrom/10/