This authoritative and comprehensive collection contains the most important published papers and articles on the economics of crime. It presents a variety of different perspectives and will be an essential reference source for both researchers and policymakers.The book examines the theory and methodology of the economics of law enforcement and crime prevention as they affect both public authorities and private individuals. It explores the economics of organized crime from the point of view of the criminal, but also considers the costs to the community of criminal acts and their effects. It studies the causes of crime and the costs and effectiveness of deterrence and punishment.

The editors have written a new authoritative introduction which gives a wide-ranging overview of the topics covered.