Crime and Moral Hazard: Does More Policing Necessarily Induce Private Negligence?
Even risk-neutral individuals can insure themselves against crimes by combining direct expenditure on security with costly diversification. In such cases — and even when one of these options is infeasible — greater policing often actually encourages private precautions.
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2012
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sg-smu-ink.soe_research-23492017-08-04T04:46:48Z Crime and Moral Hazard: Does More Policing Necessarily Induce Private Negligence? GUHA, Brishti GUHA, Ashok S. Even risk-neutral individuals can insure themselves against crimes by combining direct expenditure on security with costly diversification. In such cases — and even when one of these options is infeasible — greater policing often actually encourages private precautions. 2012-06-01T07:00:00Z text application/pdf https://ink.library.smu.edu.sg/soe_research/1350 info:doi/10.1016/j.econlet.2011.12.105 https://ink.library.smu.edu.sg/context/soe_research/article/2349/viewcontent/CrimeMoralHazard_2012.pdf http://creativecommons.org/licenses/by-nc-nd/4.0/ Research Collection School Of Economics eng Institutional Knowledge at Singapore Management University Crime Policing Private precautions Moral hazard Diversification Behavioral Economics |
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Crime Policing Private precautions Moral hazard Diversification Behavioral Economics GUHA, Brishti GUHA, Ashok S. Crime and Moral Hazard: Does More Policing Necessarily Induce Private Negligence? |
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Even risk-neutral individuals can insure themselves against crimes by combining direct expenditure on security with costly diversification. In such cases — and even when one of these options is infeasible — greater policing often actually encourages private precautions. |
format |
text |
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GUHA, Brishti GUHA, Ashok S. |
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GUHA, Brishti GUHA, Ashok S. |
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GUHA, Brishti |
title |
Crime and Moral Hazard: Does More Policing Necessarily Induce Private Negligence? |
title_short |
Crime and Moral Hazard: Does More Policing Necessarily Induce Private Negligence? |
title_full |
Crime and Moral Hazard: Does More Policing Necessarily Induce Private Negligence? |
title_fullStr |
Crime and Moral Hazard: Does More Policing Necessarily Induce Private Negligence? |
title_full_unstemmed |
Crime and Moral Hazard: Does More Policing Necessarily Induce Private Negligence? |
title_sort |
crime and moral hazard: does more policing necessarily induce private negligence? |
publisher |
Institutional Knowledge at Singapore Management University |
publishDate |
2012 |
url |
https://ink.library.smu.edu.sg/soe_research/1350 https://ink.library.smu.edu.sg/context/soe_research/article/2349/viewcontent/CrimeMoralHazard_2012.pdf |
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