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A Routine Activities Analysis of White‐Collar Crime in Carbon Markets
Author(s) -
Gibbs Carole,
Cassidy Michael B.,
Rivers Louie
Publication year - 2013
Publication title -
law and policy
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.534
H-Index - 45
eISSN - 1467-9930
pISSN - 0265-8240
DOI - 10.1111/lapo.12009
Subject(s) - white collar crime , white (mutation) , collar , white paper , convergence (economics) , criminology , psychology , business , political science , economics , law , finance , macroeconomics , biochemistry , chemistry , gene
Scholars recently called for increased analysis of opportunity structures that produce white‐collar crimes in legitimate business systems. In the current research, we use mental models, a tool from cognitive psychology, to describe opportunity structures for white‐collar crime in the E uropean E missions T rading S ystem, the largest carbon market in the world. Specifically, we use routine activities theory to describe the convergence of motivated offenders and suitable targets in the absence of capable guardians in different parts of the system. Implications for utilizing routine activities theory to understand and address crime in carbon markets are discussed.