Mixed markets and crime

Article Abstract:

A game theoretical model is presented to analyze the crime control in a mixed market. Mixed market is formed when part of the business is privatized and government retains some of the control. Consequent modification to the policies are necessitated to prevent crimes. A permutation and combination of policies is examined to determine the crimes they can control and the crime targets that the criminals are likely to select. The effectiveness of policies in decentralized environment is also assessed.

Usage, Crime, Control, Government regulations, Game theory, Decentralization in government, Government decentralization

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Commons as insurance and the welfare impact of privatization

Article Abstract:

The impact of privatization on insurance properties of common property resources (land) in developing countries is analyzed. The reasons for resistance to efficiency enhancing privatization reforms are presented.

Financial management, Insurance, Common lands

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White elephants

Article Abstract:

The misallocations of investments in developing countries, which do not contribute for economic development, are analyzed. These investment projects are called white elephants.

United States, Investments

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