Theft and Fair Labelling

Anonymous and Fair Micropayment Scheme with Protection against Coupon Theft

The development of new applications of electronic commerce (e-commerce) that require the payment of small amounts of money to purchase services or goods opens new challenges in the security and privacy fields. These payments are called micropayments and they provide a trade-off between efficiency and security requirements to pay low-value items. It is usual to assume low value fraud to achieve ...

Electricity and Gas Theft

Theft and Taxes

This paper analyzes the interaction between corporate taxes and corporate governance. We show that the characteristics of a taxation system affect the extraction of private benefits by company insiders. A higher tax rate increases the amount of income insiders divert and thus worsens governance outcomes. In contrast, stronger tax enforcement reduces diversion and, in so doing, can raise the sto...

Credit and Identity Theft

The quintessential crime of the information age is identity theft, the malicious use of personal identifying data. In this paper we model “identity” and its use in credit transactions. Various types of identity theft occur in equilibrium, including “new account fraud,” “existing account fraud,” and “friendly fraud.” The equilibrium incidence of identity theft represents a tradeoff between a des...

Ethical Theft ?

1 In 2002, 31% of consumers admitted stealing merchandise an average of eleven times per week (Levin 57). More disturbing, a survey of American adults revealed that 88% see nothing wrong with stealing (Levin 49). Although these respondents may be surprised to learn they answered this way, by endorsing online file-sharing, they inadvertently condoned theft. America’s continued use of music-downl...