Why Crime Pays: The Economics of Organised Crime
Session at Festival of Economics 2016 in Bristol, chaired by Tom Gash and featuring Nadia Campanielle of the University of Essex, Mirko Draca of the University of Warwick, David Skarbek of Kings College, London and Frederico Varese of Oxford University
- Discussing the economics of crime at #economicsfest, featuring @ncampani @mirko_draca @Tom_Gash @federico_varese pic.twitter.com/41rvlbB8H1
- We will be talking prison gangs, the returns to education in organised crime and the ways of closing off criminal opportunities https://twitter.com/DavidSkarbek/status/799922979509600256 …
- #economicsfest just about to hear the fantastic @DavidSkarbek talk about crime.
- Turns out criminals are rational and respond to prices - as rational as economists! Cheaper goods, fewer thefts @mirko_draca #economicsfest
- "Criminals are very rational, the only people more so are economists" - hearing about goods value affecting crime rates at #economicsfest pic.twitter.com/Iz2vcU96V6
- Changing returns to #crime: do criminals respond to prices? @CEP_LSE study @mirko_draca, #economicsfest: http://cep.lse.ac.uk/_new/publications/abstract.asp?index=4646 …
- Law enforcement should look at disrupting stolen goods markets, suggests @mirko_draca #economicsfest
- Criminals respond to incentives - @mirko_draca talking at #economicsfest @FestivalofIdeas https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2640085 … pic.twitter.com/T7BCRuedCd
- The benefits of education for ‘business criminals’, @ncampani #economicsfest, #WhyCrimePays: http://www.res.org.uk/details/mediabrief/9096391/DID-GOING-TO-COLLEGE-HELP-MICHAEL-CORLEONE-New-evidence-of-the-benefits-of-educa.html …
- The economics of crime panel at #economicsfest - more entertaining than the footie this afternoon pic.twitter.com/o5DUGXA2Tc
- Hearing about the "convict code" that California prisoners developed in the small prisons in the 60s #economicsfest pic.twitter.com/J7tJ1HSCI3
- How prison gangs govern the US penal system, @DavidSkarbek book reviewed @TheEconomist, #economicsfest: http://www.economist.com/news/books-and-arts/21614090-prison-gangs-are-rational-solution-growing-problem-protection-rackets …
- Prison gangs provide goverance when official protection insufficient - @DavidSkarbek @FestivalofIdeas #economicsfest http://www.davidskarbek.com/book.html pic.twitter.com/YC8hCCjINE
- Size of prisons in US has created an ecosystem for prison gangs who structure their own social order & protection for inmates #economicsfest
- Prisoners *have* to be rational agents because the stakes are so high in prison, @DavidSkarbek at #economicsfest
- The UK's 'riddle of peacefulness': what explains falling crime? @mirko_draca @CEP_LSE, #economicsfest: http://cep.lse.ac.uk/_new/publications/abstract.asp?index=4261 …
- "What distinguishes organised crime from other crime is that when you remove it, some people are disappointed" #economicsfest
- And @DavidSkarbek also name-checking Thomas Schelling, 2nd reference to him at #economicsfest today http://www.jstor.org/stable/41209902?seq=1#page_scan_tab_contents …
- Crime economics - lessons for analysis, design+evaluation of crime-fighting policies, @CEP_LSE #economicsfest: http://cep.lse.ac.uk/pubs/download/cp410.pdf …
- How a different approach to #cannabis helped to cut crime, @ImranRasul3 @econfilm, #economicsfest #depenalisation: https://www.youtube.com/watch?v=-jQLMywBg7k …
- Legitimate business tips from an ex-Mafia man, 'Mob Rules' book cited by @ncampani at #economicsfest, #WhyCrimePays: http://www.businessinsider.com/mob-rules-what-the-mafia-can-teach-the-legitimate-businessman-2011-6?IR=T …
- Economists think incentives explain everything. They explain a lot but so does psychology @mirko_draca #economicsfest
- Swiftness and certainty of punishment affect criminal behaviour more than its severity, @DavidSkarbek #economicsfest
- We're just not measuring a lot to do with online crime, according to @mirko_draca #economicsfest
- Car engine immobilisers: benefits of mandatory anti-theft device greatly exceed costs, @EJ_RES #economicsfest #crime http://www.res.org.uk/details/mediabrief/9407461/THE-CAR-ENGINE-IMMOBILISER-Benefits-of-mandatory-anti-theft-device-greatly-excee.html …
- Cutting crime through built-in home security: Dutch evidence @EJ_RES, #economicsfest #crime: http://www.res.org.uk/details/mediabrief/4369261/Cutting-Crime-Through-Built-In-Home-Security-Evidence-From-The-Netherlands.html …
- The large -ve impact of organised crime on economic growth, @EJ_RES evidence from southern Italy, #economicsfest: http://www.res.org.uk/details/mediabrief/8258031/THE-ECONOMIC-COSTS-OF-ORGANISED-CRIME-New-evidence-from-southern-Italy.html …
- Prison's great at keeping people in specific geographic area. Otherwise, social science says it's a blunt tool @DavidSkarbek #economicsfest
- Criminal: the truth about why people do bad things, @Tom_Gash book, #economicsfest #WhyCrimePays: https://www.theguardian.com/books/2016/jun/24/criminal-by-tom-gash-review-why-people-do-bad-things …
- Cost-effective ways of reducing crime, my @voxeu interview with Philip Cook @DukeU, #economicsfest: http://voxeu.org/vox-talks/economical-crime-control …
- Mobsters get homesick too, review of 'Mafias on the Move' book by @federico_varese, #economicsfest: http://www.lrb.co.uk/v33/n13/misha-glenny/mobsters-get-homesick-too …
- Fantastic event today with @DavidSkarbek @ncampani @mirko_draca @BristolFests on the economics of crime.Returning home wiser #economicsfest
- Great event today with @DavidSkarbek @ncampani @Tom_Gash @BristolFests. Crime doesn't pay (like it used to)!
- Criminals respond to incentives. @CEP_LSE @mirko_draca talking at #economicsfest @FestivalofIdeas https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2640085 …
