It has been estimated that private prisons are about 10


Question: It has been estimated that private prisons are about 10 percent cheaper, on a per prisoner basis, than public prisons [Hart, Shleifer, and Vishay, 1997]. On this basis, would you recommend that prisons be privatized? If not, what other information would you require?

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Finance Basics: It has been estimated that private prisons are about 10
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