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Rumor has it that “from a financial point of view, big prisons are the best option, because they benefit from economies of scale!” Is this, indeed, the case? What are the overall costs of detention? Let’s talk about this!
Rumor has it that “from a financial point of view, big prisons are the best option, because they benefit from economies of scale!” Is this, indeed, the case? What are the overall costs of detention? Let’s talk about this!
Rumor has it that from a financial point of view, due to economies of scale, large prisons are a better option than small-scaled detention houses.
Vasco Rodrigues is the Executive Director of CEGEA – Research Centre in Management and Applied Economics – at the Portuguese Catholic University, where he coordinated or collaborated in about one hundred projects for the government, regulatory entities, business associations and companies. Vasco is an Associate Professor at the Católica Porto Business School, where he teaches in the field of Industrial Economics, Game Theory, Economic Analysis of Law and Microeconomics. He has published in several refereed journals, including the International Journal of Industrial Organization, the Journal of Industry, Competition and Trade, the Review of Industrial Organization and the Scandinavian Journal of Economics. He is the author of books on Mergers and Acquisitions, Economic Analysis of Law and economic integration between Northern Portugal and Galicia, among others. To what extent is the cost of penitentiary detention a decisive factor in switching from large prisons to detention houses?
Rumor has it that from a financial point of view, due to economies of scale, large prisons are
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