The value of reducing fear: an analysis using the European Social Survey

This paper calculates the shadow price of fear of crime using the European Social Survey. A multiple regression model is specified with happiness as the outcome variable and fear of crime, total household income and control variables as independent variables. Both income and fear of crime are significantly associated with happiness and the total household income required to compensate an average household for an increase in fear of crime is estimated.

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Year of publication:	2006
Authors:	Moore, Simon Christopher
Published in:	Applied Economics. - Taylor & Francis Journals, ISSN 0003-6846. - Vol. 38.2006, 1, p. 115-117
Publisher:	Taylor & Francis Journals

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005506189