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Inthis paper, the relationship between unemployment and property crime is investigated in the context of dynamic system … robbery, which is the most serious property crime. Unemployment by race (white, black, and Hispanic) also supports the above … finding. In general, the linkage between unemployment rate and property crime seems to become stronger as the degree of …
Persistent link: https://www.econbiz.de/10013224434
. While both economic and deterrence variables are important in explaining the decline in crime, the contribution of …
Persistent link: https://www.econbiz.de/10013235267
This paper presents a new, dynamic economic model of criminal activity. Individuals are endowed with legal and criminal human capital. Potential incomes in legal and criminal sectors depend on the level of the relevant human capital, the rate of return, and random shocks. Both types of human...
Persistent link: https://www.econbiz.de/10013237929
literature on the economics of crime. The main objective of this paper is twofold: to extend the "market for offenses model" to … deal with both "product" and "factor" markets, and to apply it to the case where guns are used for crime commission by … offenders and for self-protection by potential victims. Our analysis offers new insights about the association between crime and …
Persistent link: https://www.econbiz.de/10013143178
This paper develops a model of crime in which human capital increases the opportunity cost of crime from foregone work … street (unskilled) crimes. White collar crimes decline less (or increase) with age and education. Predictions for age-crime … and education-crime relationships receive broad empirical support in self-report data from the National Longitudinal …
Persistent link: https://www.econbiz.de/10013246681
We present a simple model of the effects of hate crime legislation. It shows that even if the direct harm to victims of … hate crime is the same as for other crimes, because of other differences in the effects it may still be optimal to exert … more law-enforcement effort to deter or prevent hate crime. These differences also have previously unrecognized effects on …
Persistent link: https://www.econbiz.de/10013217224
model of the adjustment of sentences assuming that the state's objective is the optimal deterrence of crime. In the model …
Persistent link: https://www.econbiz.de/10012866177
Economic theory predicts that increasing the severity of punishments will deter criminal behavior by raising the … expected price of committing crime. This implicit price can be substantially raised by making prison sentences longer, but only …
Persistent link: https://www.econbiz.de/10013313307
We study desensitization to crime in a lab experiment by showing footage of criminal acts to a group of subjects, some … control before and after treated participants watch a series of real, crime-related videos (while the control group watches … non-crime-related videos). Not previously victimized participants exposed to the treatment video show significant changes …
Persistent link: https://www.econbiz.de/10012949421
Does the economic model of optimal punishment explain the variation in the sentencing of murderers? As the model predicts, we find that murderers with a high expected probability of recidivism receive longer sentences. Sentences are longest in murder types where apprehension rates are low, and...
Persistent link: https://www.econbiz.de/10013222241