In this article, we combine data from the housing market with data from a victimization survey to estimate the effect of crime perception on housing prices in the City of Barcelona from 2004 to 2006. Using dwelling data and a hedonic price model (using both OLS and quantile regressions), in the...

We investigate the effects of civic norms and associational networks on crime rates. Civic norms may attach guilt and shame to criminal behaviour, thus increasing its opportunity cost. Associational networks may increase returns to non-criminal activities and raise detection probabilities, but...

We investigate the effects of civic norms and associational networks on crime rates. Civic norms may attach guilt and shame to criminal behavior, thus increasing its opportunity cost. Associational networks may increase returns to noncriminal activities and raise detection probabilities, but...

We investigate the effects of civic norms and associational networks on crime rates. Through their impact on trust and economic development, civic norms may raise the expected returns to crime, but they may also increase its opportunity cost and the feelings of guilt and shame attached to it....