One main motive behind lengthy prison terms for serious crime is to deter potential offenders from engaging in crime … discount future events when balancing the immediate utility of the crime and the costs of a potential future punishment. If … various crime indicators from administrative registers spanning over 18 years. Our results show that high discount rates …

offenders. The overlap between offenders and victims is not well understood in criminology, and in the economics of crime the …

We study peer effects in crime by analyzing co-offending networks. We first provide a credible estimate of peer effects … criminal from each network that reduces total crime by the largest amount. Using longitudinal data, we are able to compare the … disappeared over time, we show that the theoretical predicted crime reduction is close to what is observed in the real world. We …

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 …

This paper develops a dynamic life-cycle equilibrium model of crime with hetero-geneous agents and human capital … accumulation. Agents decide at each point in time whether to commit crimes by comparing potential gains from crime to the expected … form estimates or traditional partial equilibrium, static models of crime. Equilibrium effects can be particularly relevant …