While few economists analyzed criminal behaviour and the criminal justice process before Gary Becker's seminal 1968 paper, an enormous body of economic research on crime has since been produced. This insightful and comprehensive Handbook reviews and extends much of this important resulting research. The Handbook on the Economics of Crime provides cutting-edge and specially commissioned contributions dealing with theoretical and empirical modeling of criminal choice and behavior, including Isaac Ehrlich's exposition of what he labels the `market, or equilibrium, model of crime'. The public production and allocation of various criminal justice services is also examined, as are significant components of the costs and consequences of crime. Finally, current debates and controversies in the economics of crime literature are considered, with the expert contributors offering suggestions and guidance for future research. With a broad set of crime-related topics examined from an economic perspective, this extensive Handbook will be welcomed by academic researchers and graduate students of the economics of crime and criminology as well as legal scholars focusing on criminal law.

Traces the accelerating trend towards privatization in the criminal justice system In contrast to government's predominant role in criminal justice today, for many centuries crime control was almost entirely private and community-based. Government police forces, prosecutors, courts, and prisons are all recent historical developments-results of a political and bureaucratic social experiment which, Bruce Benson argues, neither protects the innocent nor dispenses justice. In this comprehensive and timely book, Benson analyzes the accelerating trend toward privatization in the criminal justice system. In so doing, To Serve and Protect challenges and transcends both liberal and conservative policies that have supported government's pervasive role. With lucidity and rigor, he examines the gamut of private-sector input to criminal justice-from private-sector outsourcing of prisons and corrections, security, arbitration to full "private justice" such as business and community-imposed sanctions and citizen crime prevention. Searching for the most cost-effective methods of reducing crime and protecting civil liberties, Benson weighs the benefits and liabilities of various levels of privatization, offering correctives for the current gridlock that will make criminal justice truly accountable to the citizenry and will simultaneously result in reductions in the unchecked power of government.

While few economists analyzed criminal behaviour and the criminal justice process before Gary Becker's seminal 1968 paper, an enormous body of economic research on crime has since been produced. This insightful and comprehensive Handbook reviews and extends much of this important resulting research. The Handbook on the Economics of Crime provides cutting-edge and specially commissioned contributions dealing with theoretical and empirical modeling of criminal choice and behavior, including Isaac Ehrlich's exposition of what he labels the `market, or equilibrium, model of crime'. The public production and allocation of various criminal justice services is also examined, as are significant components of the costs and consequences of crime. Finally, current debates and controversies in the economics of crime literature are considered, with the expert contributors offering suggestions and guidance for future research. With a broad set of crime-related topics examined from an economic perspective, this extensive Handbook will be welcomed by academic researchers and graduate students of the economics of crime and criminology as well as legal scholars focusing on criminal law.

This book explores the economics of illicit drug markets, the connection between these markets and other crime, and the adjustments these markets make when faced with changes in drug enforcement. Focusing specifically on the most recent escalation of drug enforcement during the period from 1984-1989, Rasmussen and Benson adopt an economic perspective to explore the origins and effects of American drug policy. Rasmussen and Benson argue that effective drug policy is only possible if we realize that increasing drug enforcement can be a 'tragedy of the commons' because criminal justice resources are diverted from other uses and many unintended consequences are generated by politically popular drug enforcement initiatives.