On the shady side of economics

Van Heerden, J.H. (Jan Horn), 1957-; Blignaut, James Nelson; Groenendijk, N.S.

We are excited to announce that the repository will soon undergo an upgrade, featuring a new look and feel along with several enhanced features to improve your experience. Please be on the lookout for further updates and announcements regarding the launch date. We appreciate your support and look forward to unveiling the improved platform soon.

Show simple item record

dc.contributor.author	Van Heerden, J.H. (Jan Horn), 1957-
dc.contributor.author	Blignaut, James Nelson
dc.contributor.author	Groenendijk, N.S.
dc.date.accessioned	2008-08-29T11:36:45Z
dc.date.available	2008-08-29T11:36:45Z
dc.date.issued	1999-06
dc.description.abstract	This paper explains fraud from an economic point of view, using traditional economic tools and reasoning. It is shown how a supply-of-fraud function can be defined and estimated for individuals, and subsequently aggregated to derive crime rates for societies. Another approach is to explain the behaviour of fraudsters as rent-seekers, a la mode Gary Becker, and the problem of fraud may be seen as a case of market failure too. The paper also discusses some effects of fraud on society, and gives an empirical comparison between countries.	en
dc.format.extent	1606521 bytes
dc.format.mimetype	application/pdf
dc.identifier.citation	Van Heerden, JH, Blignaut, JN & Groenendijk, NS 1999, 'On the shady side of economics', South African Journal of Economic and Management Sciences, vol. 2, no. 2, pp. 207-221. [http://www.journals.co.za/ej/ejour_ecoman.html]	en
dc.identifier.issn	1015-8812
dc.identifier.uri	http://hdl.handle.net/2263/6788
dc.language.iso	en	en
dc.publisher	Faculty of Economic and Management Sciences, University of Pretoria	en
dc.rights	Faculty of Economic and Management Sciences, University of Pretoria	en
dc.subject	Supply-of-fraud functions	en
dc.subject	Round-tripping	en
dc.subject	Rent-seekers	en
dc.subject	Pyramid schemes	en
dc.subject	Money laundering	en
dc.subject	Economic rent	en
dc.subject	Finance	en
dc.subject	Economics	en
dc.subject	Crime	en
dc.subject.lcsh	Fraud	en
dc.title	On the shady side of economics	en
dc.type	Article	en