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

See all articles by Kai Jaeger

Kai Jaeger

Independent

Edward Peter Stringham

Trinity College; American Institute for Economic Research

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

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

Kai Jaeger

Independent

Edward Peter Stringham (Contact Author)

Trinity College ( email )

Hartford, CT 06106
United States

American Institute for Economic Research ( email )

PO Box 1000
Great Barrington, MA 01230
United States

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