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The Economics of Organised Crime - Gianluca Fiorentini

The Economics of Organised Crime

By: Gianluca Fiorentini (Editor), Sam Peltzman (Editor)

Paperback Published: 13th October 1997
ISBN: 9780521629553
Number Of Pages: 320

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This is the first book to use economic theory in the analysisof all the different aspect of organised crime: the origins, the internal organisation, market behaviour and deterrence policies. The theory of rent-seeking is adopted to help understand the origin of criminal organisations from a state of anarcy, while modern industrial organisation theory is used to explain the design of internal rules in the organised crime sector. The market behaviour of organised crime is analysed taking into account its double nature of competitive firm and of monopolist on rule-making. Finally, the 'crime and economics' approach is applied to the analysis of corruption that occurs when the organised crime sector and the governmental collude to exploit their monopoly on rule-making. This book provides a careful balance between theoretical and institutional or empirical contributions. Each chapter outlines the normative results of the analysis in order to design more sophisticaed deterrence policies.

' ... we are all in debt to Gianluca Fiorentini and Sam Pelzman for the Economics of Organised Crime'. The Daily Telegraph

Theories of the State and the Origin of Criminal Organisations
Organised crime, Mafia and governments
Gangs as primitive states Stergios Skaperdas, and Constantinos Syropoulos
The Criminal Organisation as a Firm
Internal cohesion and competition among criminal organisations
Conspiracy among the many: the Mafia in legitimate industries
Organised Crime and State Intervention in the Economy
Rival kleptocrats: the Mafia versus the state
Corruption: arm's-length relationships and markets
Deterrence Policies Against Legal Firms Involved in Illegal Activities
Auditing with 'ghosts'
The reputational penalty firms bear from committing criminal fraud
Deterrence Policies Against Organised Crime
Regulating the organised crime sector
Oligopolistic competition in illegal markets
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521629553
ISBN-10: 0521629551
Audience: Professional
Format: Paperback
Language: English
Number Of Pages: 320
Published: 13th October 1997
Country of Publication: GB
Dimensions (cm): 22.9 x 18.2  x 2.0
Weight (kg): 0.49