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In this article, we use a unique data set on criminal behaviour to analyse the effects of education on offences and … crimes committed. The findings suggest that substantial savings on the social costs of crime can be obtained by investing in … education. We find that the probability of committing crimes like shop lifting, vandalism and threat, assault and injury …
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convincing result comes from the figures of elasticity of education with crime where a 10% increase in per capita expenditure on … education in India leads to a decline between 9.2-11.2% of overall property crime rates. …Economic analysis of crime and criminal law addresses the question of individual welfare (utility) maximization through …
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