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Private protection against crime and public policing: Political economy considerations

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  • Friehe, Tim
  • Mungan, Murat C.

Abstract

Private protection and public policing interact in combatting property crime. While private protection can be tailored to property values by owners, the level of public policing is chosen by elected officials for society as a whole. When the median voter’s property is less valuable than the average property value, the equilibrium level of public policing is excessive (too small), compared to the level that maximizes the collective welfare of property owners, when private protection and public policing are substitutes (complements); but this relationship can be reversed when offenders’ utilities are included in the social welfare function.

Suggested Citation

  • Friehe, Tim & Mungan, Murat C., 2022. "Private protection against crime and public policing: Political economy considerations," Economics Letters, Elsevier, vol. 220(C).
    • Handle: RePEc:eee:ecolet:v:220:y:2022:i:c:s0165176522003329
    DOI: 10.1016/j.econlet.2022.110858
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    References listed on IDEAS

    as
    1. Baumann, Florian & Friehe, Tim, 2013. "Private protection against crime when property value is private information," International Review of Law and Economics, Elsevier, vol. 35(C), pages 73-79.
    2. Florian Baumann & Philipp Denter & Tim Friehe, 2019. "Hide or Show? Observability of Private Precautions Against Crime When Property Value is Private Information," American Law and Economics Review, Oxford University Press, vol. 21(1), pages 209-245.
    3. Ross Hickey & Steeve Mongrain & Joanne Roberts & Tanguy van Ypersele, 2021. "Private protection and public policing," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 23(1), pages 5-28, February.
    4. Ben-Shahar, Omri & Harel, Alon, 1995. "Blaming the Victim: Optimal Incentives for Private Precautions against Crime," The Journal of Law, Economics, and Organization, Oxford University Press, vol. 11(2), pages 434-455, October.
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    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Crime; Private protection; Public policing; Theft;
    All these keywords.

    JEL classification:

    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
    • P48 - Political Economy and Comparative Economic Systems - - Other Economic Systems - - - Legal Institutions; Property Rights; Natural Resources; Energy; Environment; Regional Studies

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