Another Theory of Prostitution
AbstractThis paper presents a model of prostitution as an economic activity characterised by stigma, whose supply is based on the availability of other earning opportunities. On the basis of available empirical evidence and findings from other studies, we put forward a rigorous economic analysis of the industry and its different markets making no restrictive assumptions regarding the gender, pay and nature of forgone earning opportunities of the prostitute, and applying the same behavioural hypotheses to prostitutes and clients.
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Bibliographic InfoPaper provided by Henley Business School, Reading University in its series Economics & Management Discussion Papers with number em-dp2004-13.
Length: 25 pages
Date of creation: May 2004
Date of revision:
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- Collins, Alan & Judge, Guy, 2008. "Client participation in paid sex markets under alternative regulatory regimes," International Review of Law and Economics, Elsevier, vol. 28(4), pages 294-301, December.
- Alan Collins & Guy Judge, 2010. "Differential enforcement across police jurisdictions and client demand in paid sex markets," European Journal of Law and Economics, Springer, vol. 29(1), pages 43-55, February.
- Rocío Albert & Fernando Gómez & Yanna Gutierrez Franco, 2007. "Regulating Prostitution: A Comparative Law and Economics Approach," Working Papers 2007-30, FEDEA.
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