known about the effects of private police on crime. The current study examines the relationship between a privately …-funded university police force and crime in a large U.S. city. Following an expansion of the jurisdictional boundary of the private … police force, we see no short-term change in crime. However, using a geographic regression discontinuity approach, we find …

Crime has tangible economic costs. It also has less understood and likely sizable intangible costs. In particular …, widespread crime has the potential to weaken trust between citizens and institutions, undermine government reform efforts, and … become an obstacle to development. Yet, the impact of crime on trust remains relatively unexplored in the literature. This …

This paper argues that the “Economics of Crime” concentrates too much on punishment as a policy to fight crime, which … is unwise for several reasons. There are important instances in which punishment simply cannot reduce crime. Several … feasible alternatives to punishment exist, such as offering positive incentives or handing out awards for law abiding behavior …

several reasons. On the one hand, there are important instances in which punishment is unable to reduce crime or may even …The economics of crime concentrates on policies in the form of punishments. To adopt such a policy is unwise for …

This paper argues that the ?Economics of Crime? concentrates too much on punishment as a policy to fight crime, which … is unwise for several reasons. There are important instances in which punishment simply cannot reduce crime. Several … feasible alternatives to punishment exist, such as offering positive incentives or handing out awards for law abiding behavior …