Public Security vs. Private Self-Protection: Optimal Taxation and the Social Dynamics of Fear
In this paper, we develop a simple model of social dynamics governing the evolution of strategic self-protection choices of boundedly rational potential victims facing the threat of prospective offenders in a large population with random matching. We prove that individual (and socially transmitted)...
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| Medienart: | Elektronisch Buch |
| Sprache: | Englisch |
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