Policing, Schooling and Human Capital Accumulation
نویسنده
چکیده
This paper addresses the importance of tow public policies that commonly compete for governments budget: schooling and policing. By means of a contest game, I discuss the individual decision to accumulate violence-related skills at the expense of human capital formation, in a setting where property rights require private e¤orts to be enforced. Additionally, I explore the existence of an optimal policy. JEL Classi cation: D74 Conict Conict Resolution Alliances D78 Positive Analysis of Policy Formulation and Implementation Department of Economics Indiana University Wylie Hall Bloomington, IN 47405; phone: (812)855-8580 e-mail: [email protected] I am very grateful to all the members of my committee
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