Article ID Journal Published Year Pages File Type
5060612 Economics Letters 2012 5 Pages PDF
Abstract
► Examines whether more policing always induces moral hazard. ► Individuals can spend directly on security and also diversify. ► They may have access to just one of the two above options, or to both. ► In all three cases more policing can encourage private precautions. ► Not dependent on a unique technology.
Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
Preview
Crime and moral hazard: Does more policing necessarily induce private negligence?
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