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- W2071736503 abstract "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." @default.
- W2071736503 created "2016-06-24" @default.
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- W2071736503 date "2011-01-01" @default.
- W2071736503 modified "2023-10-01" @default.
- W2071736503 title "Investment strategies of criminal organisations" @default.
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- W2071736503 doi "https://doi.org/10.1080/01442872.2010.520558" @default.
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