Resumen de Dura lex, sed lex? Insights from the subjective theory of opportunity cost

Giuseppe Eusepi

• Seeking a grounding in Buchanan (Cost and choice: an inquiry in economic theory, 1969) subjective theory of opportunity cost, this paper sets out to fix a notional locus of the law in order to determine the cost of law enforcement. The paper also explores the impact of unlawful activities on the economy and analyses the evolution of individual criminal activities in collective criminal organizations such as the mafia.