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Keywords: Marginal willingness to pay
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Journal Articles
Welfare costs of crime and common violence
Available to Purchase
Journal:
Journal of Economic Studies
Journal of Economic Studies (2015) 42 (1): 117–137.
Published: 12 January 2015
... in order to become policy relevant. Research limitations/implications – Policy-oriented research related to optimal law enforcement should move in the direction of estimating the marginal willingness to pay of individuals for reductions in crime. This should be compared to the marginal cost...
