Private Policing Options for the Poor
In the National Center for Policy Analysis Brief 763, December, pp. 1 - 2, 2011
2 Pages Posted: 9 Mar 2021
Date Written: December 15, 2011
Abstract
Protection against criminality is a traditional function of government. Where government fails, however, people often turn to the private sector. That is why there are three times as many private security guards as public police. The need for private security is greatest for low-income families, since they are victimized by crime more often than other income groups.
Keywords: private security, crime rates, cost of regulation
JEL Classification: K10, K42, R38
Suggested Citation: Suggested Citation
Jaeger, Kai and Stringham, Edward Peter, Private Policing Options for the Poor (December 15, 2011). In the National Center for Policy Analysis Brief 763, December, pp. 1 - 2, 2011, Available at SSRN: https://ssrn.com/abstract=1997495
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