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The Economics of Organised Crime

The Economics of Organised Crime

$46.99 (C)

Gianluca Fiorentini, Sam Peltzman, Annelise Anderson, Maurizio Franzini, Stergios Skaperdas, Constantinos Syropoulos,William J. Baumol, Michele Polo, Pier Luigi Sacco, Diego Gambetta, Peter Reuter, Luigi Campiglio, Herschel I. Grossman, Marco Celentani, Vito Tanzi, Flavio Delbono, Frank A. Cowell, James P. F. Gordon, Domenico Siniscalco, Jonathan M. Karpoff, John R. Lott Jr., Massimo Morelli, Riccardo Martina, Carlo Scarpa
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  • Date Published: September 1997
  • availability: Available
  • format: Paperback
  • isbn: 9780521629553

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About the Authors
  • This book uses economic theory to analyze the different aspects of organized crime. The theory of rent-seeking is adopted to help understand the origin of criminal organizations, while modern industrial organization theory is used to explain the design of internal rules. The market behavior of organized crime is analyzed, the "crime and economics" approach being applied to the analysis of corruption that occurs when the organized crime sector and the government collude to exploit their monopoly on rule-making. Each chapter outlines the normative results of the analysis in order to design more sophisticated deterrence policies.

    • This is the first book on the economics of organised crime, written entirely by economists, and dealing with all its most relevant activities
    • Authors from countries with different types of organised crime give a broad international perspective
    • Focuses on the design of more sophisticated deterrence policies against organised crime
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    Reviews & endorsements

    "The book begins with an excellent introduction....the book is a good source for references on organized crime and related area. Overall it is worth reading and many of the ideas merit further thought and inquiry." William P. Jennings, Journal of Economic Literature

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    Product details

    • Date Published: September 1997
    • format: Paperback
    • isbn: 9780521629553
    • length: 320 pages
    • dimensions: 229 x 152 x 18 mm
    • weight: 0.47kg
    • contains: 6 b/w illus. 11 tables
    • availability: Available
  • Table of Contents

    Foreword
    1. Introduction Gianluca Fiorentini and Sam Peltzman
    Part I. Theories of the State and the Origin of Criminal Organisations:
    2. Organised crime, Mafia and governments Annelise Anderson
    Discussion Maurizio Franzini
    3. Gangs as primitive states Stergios Skaperdas, and Constantinos Syropoulos
    Discussion William J. Baumol
    Part II. The Criminal Organisation as a Firm:
    4. Internal cohesion and competition among criminal organisations Michele Polo
    Discussion Pier Luigi Sacco
    5. Conspiracy among the many: the Mafia in legitimate industries Diego Gambetta and Peter Reuter
    Discussion Luigi Campiglio
    Part III. Organised Crime and State Intervention in the Economy:
    6. Rival kleptocrats: the Mafia versus the state Herschel I. Grossman
    Discussion Marco Celentani
    7. Corruption: arm's-length relationships and markets Vito Tanzi
    Discussion Flavio Delbono
    Part IV. Deterrence Policies Against Legal Firms Involved in Illegal Activities:
    8. Auditing with 'ghosts' Frank A. Cowell and James P. F. Gordon
    Discussion Domenico Siniscalco
    9. The reputational penalty firms bear from committing criminal fraud Jonathan M. Karpoff and John R. Lott Jr.
    Discussion Michele Polo
    Part V. Deterrence Policies Against Organised Crime:
    10. Regulating the organised crime sector Marco Celentani, Massimo Morelli and Riccardo Martina
    Discussion Carlo Scarpa
    11. Oligopolistic competition in illegal markets Gianluca Fiorentini
    Discussion Sam Peltzman
    Index.

  • Editors

    Gianluca Fiorentini, Università degli Studi, Florence

    Sam Peltzman, University of Chicago

    Contributors

    Gianluca Fiorentini, Sam Peltzman, Annelise Anderson, Maurizio Franzini, Stergios Skaperdas, Constantinos Syropoulos,William J. Baumol, Michele Polo, Pier Luigi Sacco, Diego Gambetta, Peter Reuter, Luigi Campiglio, Herschel I. Grossman, Marco Celentani, Vito Tanzi, Flavio Delbono, Frank A. Cowell, James P. F. Gordon, Domenico Siniscalco, Jonathan M. Karpoff, John R. Lott Jr., Massimo Morelli, Riccardo Martina, Carlo Scarpa

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