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This paper develops a dynamic life-cycle equilibrium model of crime with hetero-geneous agents and human capital … accumulation. Agents decide at each point in time whether to commit crimes by comparing potential gains from crime to the expected … form estimates or traditional partial equilibrium, static models of crime. Equilibrium effects can be particularly relevant …
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of apprehension and the penalty if caught. While evidence indicates that rational theory is applicable to acquisitive …
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offenders. The overlap between offenders and victims is not well understood in criminology, and in the economics of crime the …
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environment. Using geocoded crime data and a novel source of within-city spatial and temporal variation in punishment severity, I … consistent with police treating enforcement effort and punishment severity as complementary. I also find that citywide crime and …
Persistent link: https://www.econbiz.de/10012607030
We use rich microdata on bank robberies to estimate individual-level disutilities of imprisonment. The identification rests on the money versus apprehension trade-off that robbers face inside the bank when deciding whether to leave or collect money for an additional minute. The distribution of...
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Social network analysis can help us understand more about the root causes of delinquent behavior and crime and provide … practical guidance for the design of crime prevention policies. To illustrate these points, we first present a selective review …
Persistent link: https://www.econbiz.de/10012062622