Showing 1 - 10 of 53
In 2007, the Wall Street Journal published an article claiming that each execution saves more than 70 lives. This example is used to show how easy it is, using simple or advanced econometric techniques, to produce results that do or do not support the deterrence hypothesis. Moreover, we also...
Persistent link: https://www.econbiz.de/10013316017
We provide evidence for a beneficial welfare impact of a crime policy that is targeted at strengthening victim …
Persistent link: https://www.econbiz.de/10013086983
We provide evidence about voters' response to crime control policies. We exploit a natural experiment arising from the … were more likely to report crime news involving pardoned individuals; ii) voters held worse beliefs on the incumbent … governments ability to control crime and iii) with respect to the previous elections, the incumbent national government …
Persistent link: https://www.econbiz.de/10012951775
particular, our estimates suggest that - in an average municipality – an additional crime by pardoned individuals led to a drop … also provide evidence of newspapers being more likely to report crime news involving pardoned individuals and of voters … holding worse beliefs on the incumbent national government's ability to control crime. Our findings indicate that voters keep …
Persistent link: https://www.econbiz.de/10012899931
evidence on punishment preferences, in which subjects reveal a heterogeneous preference for punishing wrongdoers, our model … identifies circumstances in which “punitive” individuals (with stronger-than-average punishment preferences) will self …-select into law enforcement jobs that offer the opportunity to punish (or facilitate the punishment of) wrongdoers. Such “punitive …
Persistent link: https://www.econbiz.de/10013023194
This paper studies how surveillance cameras affect unruly spectator behaviour in the highest Swedish soccer league. Swedish stadiums introduced surveillance cameras at different points in time during the years 2000 and 2001. I exploit the exogenous variation that occurred due to differences...
Persistent link: https://www.econbiz.de/10013316534
This article contributes to the literature on stock market integration by developing and estimating a capital asset pricing model with segmentation effects in order to assess stock market segmentation and its effects on risk premia at the regional level. We show that the estimated degrees of...
Persistent link: https://www.econbiz.de/10013084011
double dividend in that it reduces both minor offenses and more severe crime. We develop a model of criminal subcultures in … attractive for some people who would otherwise commit more severe crime. If social status is sufficiently important in criminal … subcultures, zero-tolerance reduces crime across the board …
Persistent link: https://www.econbiz.de/10012779694
can be tricky, this paper uses the crime strategic model (inspection game) proposed by Tsebelis. This model shows that any … attempts to increase the severity of punishment will alter the payoff of the individuals involved, leaving unchanged the … frequency of violation at equilibrium. This result is misleading: payoffs are not independent and the crime game can not be …
Persistent link: https://www.econbiz.de/10012979544
In repeated normal-form (simultaneous-move) games, simple penal codes (Abreu, 1986, 1988) permit an elegant characterization of the set of subgame-perfect outcomes. We show that the logic of simple penal codes fails in repeated extensive-form games. By means of examples, we identify two types of...
Persistent link: https://www.econbiz.de/10013315551