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Origins of the Sicilian Mafia: The Market for Lemons

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Title: Origins of the Sicilian Mafia: The Market for Lemons
Authors: Dimico, Arcangelo
Isopi, Alessia
Olsson, Ola
Issue Date: May-2012
Extent: 43 pages
Publication type: report
Organization: Dept of Economics, University of Gothenburg
Series/Report no.: Working Papers in Economics
Keywords: mafia
barrier to entry
dominant position
Abstract: Since its first appearance in the late 1800s, the origins of the Sicilian mafia have remained a largely unresolved mystery. Both institutional and historical explanations have been proposed in the literature through the years. In this paper, we develop an argument for a market structure-hypothesis, contending that mafia arose in towns where firms made unusually high profits due to imperfect competition. We identify the produc tion of citrus fruits as a sector with very high international dem... more
ISSN: 1403-2465
Description: -
Appears in Collections:Working papers



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