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We consider agents in a country in an early stage of transition from a planned to a market economy. As the transition is in progress, the nature of the government's policies are unknown to the agents. Property rights once held by the state have already been transferred to the agents, with each...
Persistent link: https://www.econbiz.de/10012727246
Empirical evidence reveals that unemployment tends to increase property crime but that it has no effect on violent crime. To explain these facts, we examine a model of criminal gangs and suggest that there is a substitution effect between property crime and violent crime at work. In the model,...
Persistent link: https://www.econbiz.de/10012773601
This paper offers a new argument for why a more aggressive enforcement of minor offenses ('zero-tolerance') may yield a double dividend in that it reduces both minor offenses and more severe crime. We develop a model of criminal subcultures in which people gain social status among their peers...
Persistent link: https://www.econbiz.de/10012779694
We estimate the causal effect of harsher speeding punishments on future driving behavior of cited drivers. To account for the fact that punishments are not randomly assigned, we leverage variation in ticket-writing practices across highway patrol officers in Florida. The fine associated with a...
Persistent link: https://www.econbiz.de/10012944328
human society. A prediction of this theory here is that societies with low socioeconomic inequality, independently of …
Persistent link: https://www.econbiz.de/10012944890
Delinquents are embedded in a network of relationships. Social ties among delinquents are modeled by means of a graph where delinquents compete for a booty and benefit from local interactions with their neighbors. Each delinquent decides in a non-cooperative way how much delinquency effort he...
Persistent link: https://www.econbiz.de/10012763925
Researchers who study crime and justice have been forecasting a variety of outcomes for nearly a century. Perhaps the most well known are forecasts of behavior after release from prison. Other examples include forecasts of prison populations and time trends in crime. However, it is very...
Persistent link: https://www.econbiz.de/10012768142
We consider agents in a country in an early stage of transition from a planned to a market economy. As the transition is in progress, the nature of the government's policies are unknown to the agents. Property rights once held by the state have already been transferred to the agents, with each...
Persistent link: https://www.econbiz.de/10012769859
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 cost of punishment (determined from the probability...
Persistent link: https://www.econbiz.de/10012821860
positive crime theory. Accordingly, thieves will commit more offenses if the booty price is higher and/or their labor wage is …
Persistent link: https://www.econbiz.de/10012972302