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On the Economics of Crime and Confiscation
Ted Bergstrom, University of California, Santa Barbara
This paper appeared in the Puzzles section of the Journal of Economic Perspectives in Summer 1990.
ABSTRACT: This little paper is presented in the form of two puzzles. It
shows that simple supply and demand analysis leads to surprising results about the effect of confiscating illegally traded goods.
SUGGESTED CITATION: Ted Bergstrom,
"On the Economics of Crime and Confiscation"
(July 1, 1990).
Department of Economics, UCSB.
Ted Bergstrom.
Paper 1990A.
http://repositories.cdlib.org/ucsbecon/bergstrom/1990A
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