The mafia as protectors of property rights

Rene Le Prou and Glenn Boyle

No 375601, Competition & Regulation Times from New Zealand Institute for the Study of Competition and Regulation

Abstract: The mafia is usually associated with lawlessness, violence and thuggery - crimes against persons and property. Ironically, however, insights from economics suggest that the origins of the mafia in Sicily during the 19th century may have been due to a desire to reduce crime. As Rene Le Prou and Glenn Boyle discuss, the mafia can be seen as an institution that arose to fill a void in property rights protection.

Date: 2006-07-01
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Persistent link: https://EconPapers.repec.org/RePEc:vuw:vuwcrt:375601

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