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Does probation pay a double dividend? Society saves the cost of incarceration, and convicts preserve their liberty. But does probation also reduce the risk of recidivism? In a meta-study we show that the field evidence is inconclusive. Moreover it struggles with an identification problem: those...
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Over a million people in the United States are employed in private security and law enforcement, yet very little is 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....
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Recent histories of Ancient Greece describe a transition from customary law to public criminal justice between 800 and 400 B.C. This narrative contains three pieces of evidence against the presumption that prisons are a public good and government must provide incarcerations. First, before the...
Persistent link: https://www.econbiz.de/10013142975
I derive the marginal value of a public good in multiperson households, measured alternatively by one household member’s willingness to pay (WTP) for the good on behalf of the household, or by the sum of individual WTP values across family members. Households are assumed to allocate their...
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We study how the distribution of income among members of society, and income inequality in particular, affects social willingness to pay (WTP) for environmental public goods. We find that social WTP for environmental goods increases with mean income, and decreases (increases) with income...
Persistent link: https://www.econbiz.de/10011440728