Fugitives as fish
Bounty hunting and exploitation of the commons
Bibliographic Data
| ID | 12008136 |
|---|---|
| Authors | Franklin G Mixon (0000-0001-9998-7412, University of Southern Mississippi, corresponding author), Franklin G Jr Mixon (Department of Economics and International Business, The University of Southern Mississippi, Box 5072, Southern Station, Hattiesburg, MS 39406-5072, USA), Len J Treviño (0000-0002-5854-8103, University of Southern Mississippi) |
| Year | 2003 |
| Volume | 40 |
| Issue | 4 |
| Pages | 657-664 |
| Publication date | 2003-10-14 |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | The Social Science Journal (JOURNAL) |
| Journal identifiers | ISSN: 0362-3319 • E-ISSN: 1873-5355 |
| Publisher | Taylor & Francis (PUBLISHER • GB) |
| DOI | 10.1016/s0362-3319(03)00077-6 |
| OpenAlex | W2063440892 |
| Language | EN |
| Citations received | 1 |
| References cited | 14 |
This note examines the property rights aspects of bounty hunting, and suggests that fugitives within the criminal justice system represent a common property resource. Economic theory might predict that this resource would be over exploited, perhaps resulting in industry profits being driven to zero. It is argued, however, that, in addition to regulation, recently developed concepts regarding uncertainty and heterogeneity of exploitation skills likely work to limit exploitation effort in bounty hunting. The anecdotal evidence and inference provided in this note make for a compelling pedagogical device for principles and intermediate economics students
Biology · Business · Common-pool resource · Commons · Economics · Epistemology · Fish · Fishery · Inference · Intellectual property · Law and economics · Limit (mathematics · Microeconomics · Political science · Positive economics · Property (philosophy · Property rights · Resource (disambiguation · Work (physics · Computer Science · Economic Theory and Institutions · Experimental Behavioral Economics Studies · Innovations in Educational Methods · Law
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Advertising as Information
| Citations per year | 0.05 |
|---|---|
| Citation span | 2007 - 2007 (1) |
| Highly cited | No |