On the Economics of Crime and ConfiscationJournal of Economic Perspectives (1990)
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.
- economics of crime,
- illegal commodities,
Publication DateSummer 1990
Citation InformationTed 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/