Abstract
It has long been the conclusion of common wisdom that policing is a public good. According to Forst (2000), as of 1965, there were more sworn police officers than private security personnel, and sworn officers outnumbered the civilian employees of police departments by a count of 8.3 to 1. However, private security personnel, whatever their value to their client, are, with rare exception, not sworn officers with enforcement capability. With the recent proliferation of instances of police brutality and wrongful shootings, corruption and other such market failures within the effective monopoly of public policing, perhaps it is proper to ask whether competition can provide better alternatives.
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