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risen from five to more than ten million between 1972 and 2006. At the same time, violent crime and the number of felony …
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theory of crime, value and specialization. We conclude that burglars respond to damages that devaluate their prospective …We study criminal incentives exploiting the devastating shock of the 1995 Kobe earthquake. Evidence shows that the … earthquake decreased burglaries but left other crime types unaffected. The effect stays significant even after controlling for …
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We analyze optimal sentence length for recurring crimes in the face of adjudication errors. We develop an infinite-horizon model where offenders are habitual---they repeat crimes whenever free. If apprehended, criminals may be wrongfully acquitted. Similarly, innocent persons may be apprehended...
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Social interactions provide a set of incentives for regulating individual behavior. Chief among these is stigma, the … duration will lead to increased crime rates. -- crime ; stigma ; social norms …
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