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data on crime rates and savings per capita in a high-crime environment, we document a striking empirical relationship …: crime induces savings. Our paper is one of the first to successfully relate crime to an economic outcome. This result is …) accounting for the fact that crime and savings may be determined jointly; 3) measuring savings in different ways; 4) accounting …
Persistent link: https://www.econbiz.de/10011807348
data on crime rates and savings per capita in a high-crime environment, we document a striking empirical relationship …: crime induces savings. Our paper is one of the first to successfully relate crime to an economic outcome. This result is …) accounting for the fact that crime and savings may be determined jointly; 3) measuring savings in different ways; 4) accounting …
Persistent link: https://www.econbiz.de/10005744705
Several theories have been offered to explain the recent declines in violent crime rates in the United States. We …
Persistent link: https://www.econbiz.de/10011549387
South African crime rates rose to unacceptably high levels between 1980 and 2006. As a result, vast amounts of funds …
Persistent link: https://www.econbiz.de/10005023751
This paper brings a general network analysis to a wide class of economic games. A network, or interaction matrix, tells who directly interacts with whom. A major challenge is determining how network structure shapes overall outcomes. We have a striking result. Equilibrium conditions depend on a...
Persistent link: https://www.econbiz.de/10014194918
Persistent link: https://www.econbiz.de/10009663260
Persistent link: https://www.econbiz.de/10013454851
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satisfaction or happiness) lead to changes in consumption and savings behavior? The paper uses regional sunshine as an instrument …
Persistent link: https://www.econbiz.de/10010617626
We demonstrate how altruism can flourish in a population of nonaltruists. We assume that each individual plays a one-shot prisoner's dilemma game with his or her sibling and that the probability than an individual survives to reproduce is proportional to his or her payoff in this game. We model...
Persistent link: https://www.econbiz.de/10010291763