Book contents
- The Cambridge Handbook of Privatization
- The Cambridge Handbook of Privatization
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Acknowledgments
- Introduction
- Part I On the Virtues of Public Provision (Agency-Based Approaches)
- Part II On the Virtues of Publicness as a Means to the Realization of Procedural Values (Process-Based Theories)
- Part III Outcome-Based Theories: On the Virtues and Vices of Public Provision as a Means to Promote Efficiency and Justice
- 11 Privatization of Legal Institutions
- 12 On Privatizing Police, with Examples from Japan
- 13 Privatization of the Police
- 14 Privatizing Private Data
- 15 Political Connections, Corruption, and Privatization
- 16 Privatization of Regulation: Promises and Pitfalls
- 17 Privatization of Accounting Standard-Setting
- Index
12 - On Privatizing Police, with Examples from Japan
from Part III - Outcome-Based Theories: On the Virtues and Vices of Public Provision as a Means to Promote Efficiency and Justice
Published online by Cambridge University Press: 27 August 2021
Book contents
- The Cambridge Handbook of Privatization
- The Cambridge Handbook of Privatization
- Copyright page
- Contents
- Figures
- Tables
- Contributors
- Acknowledgments
- Introduction
- Part I On the Virtues of Public Provision (Agency-Based Approaches)
- Part II On the Virtues of Publicness as a Means to the Realization of Procedural Values (Process-Based Theories)
- Part III Outcome-Based Theories: On the Virtues and Vices of Public Provision as a Means to Promote Efficiency and Justice
- 11 Privatization of Legal Institutions
- 12 On Privatizing Police, with Examples from Japan
- 13 Privatization of the Police
- 14 Privatizing Private Data
- 15 Political Connections, Corruption, and Privatization
- 16 Privatization of Regulation: Promises and Pitfalls
- 17 Privatization of Accounting Standard-Setting
- Index
Summary
Security is often a non-excludable public good. On the one hand, it benefits the people who buy it; on the other, it also benefits those who live near the people who buy it. It benefits those neighbors even if they refuse to share in the cost of the security themselves. Security also entails economies of scale. In part because of the positive externalities involved, people economize when they purchase security together. Rather than each pay to protect him- or herself, they save resources if they purchase their security together.
- Type
- Chapter
- Information
- The Cambridge Handbook of Privatization , pp. 195 - 205Publisher: Cambridge University PressPrint publication year: 2021