Investment strategies of criminal organisations
Bibliographic Data
| ID | 11192989 |
|---|---|
| Authors | Diego d'Andria, Diego d’Andria (0000-0002-1915-4128, Libera Università Internazionale degli Studi Sociali Guido Carli, corresponding author) |
| Year | 2011 |
| Volume | 32 |
| Issue | 1 |
| Pages | 1-19 |
| Publication date | 2011-01-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Policy Studies (JOURNAL) |
| Journal identifiers | ISSN: 0144-2872 • E-ISSN: 1470-1006 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/01442872.2010.520558 |
| OpenAlex | W2071736503 |
| Language | EN |
| References cited | 26 |
Recent transformations affecting large criminal organisations worldwide point to a mutation towards high internationalisation and management practices similar to incorporated enterprises. This trend brings new issues and questions regarding the effectiveness of policies aimed at eradicating such forms of delinquency. Indeed, if organised crime has the ability to modify its investment portfolio composition to react to an increase in punishment and penalties and of public spending devoted to a generic rise of police activity, the deterrent power of traditional security policy is eroded, or totally nullified if the organised crime is capable of obtaining a risk premium for its illicit activities. Researching into the peculiarities of large criminal organisations and formulating a behavioural model for their investment choices, I propose results to support a policy research aimed at undermining their flexibility in assets allocation, both through demand-side and anti-money-laundering policies, and recognising the existing individual incentive asymmetry in entering and exiting organised crime
Business · Criminology · Economics · Flexibility (engineering · Incentive · Investment (military · Juvenile delinquency · Market economy · Organised crime · Political science · Politics · Portfolio · Public economics · Punishment (psychology · Crime, Illicit Activities, and Governance · Experimental Behavioral Economics Studies · Finance · Law · Taxation and Compliance Studies
The Economic Theory of Public Enforcement of Law
The paradoxes of organized crime
An Economic Analysis of a Drug-Selling Gang's Finances
Shadow Economies
The Economics of Organised Crime
Organized crime, corruption and punishment
The Encyclopedia of Public Choice
The Optimum Enforcement of Laws
Crime and Punishment
Organized crime
Problems of definition
An Economic Analysis of a Drug-Selling Gang's Finances
| Citation velocity | historical |
|---|---|
| Highly cited | No |