Casilda Lasso De la Vega (University of the Basque Country - Department of Applied Economics IV), Oscar Volij (Ben-Gurion University of the Negev - Department of Economics), and Federico Weinschelbaum (Universidad Torcuato Di Tella - Departamento de Economia, CONICET) have published "Can More Police Induce More Crime?"on SSRN. Here is the abstract:
We show that it is possible to incorporate any appropriation technology available to thieves into a Walrasian economy so that in equilibrium more police induces more crime. This perverse effect could arise even if the level of police protection is the socially optimal one.
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