This paper provides a unified explanation for why blacks commit more crime, are located in poorer neighborhoods and … opportunity cost of committing crime and become indeed more criminal than whites. Therefore beliefs are self-fulfilling. …

-cooperative way how much crime effort he will exert. We show that the Nash equilibrium crime effort of each individual is proportional … removed, leads to the maximum reduction in aggregate crime. We provide a geometric characterization of the key player … player for a group of criminals of a given size. We finally endogeneize the crime participation decision, resulting in a key …