Showing 1 - 10 of 311
The deterrence of crime and its reduction through incapacitation are studied in a simple multiperiod model of crime and …
Persistent link: https://www.econbiz.de/10011098921
Traditional economic models of criminal behavior have straightforward predictions: raising the expected cost of crime … via apprehension probabilities or punishments decreases crime. I test the effect of harsher punishments on deterring …
Persistent link: https://www.econbiz.de/10011240559
empirical investigation of their impact on crime and victimization. In this paper, we use monthly data from the U.S. Vital …
Persistent link: https://www.econbiz.de/10010950837
crime rates, based on county-level panels of SUD treatment and crime data between 2001 and 2008 across the United States. To … address the potential endogeneity of the SUD treatment rate with respect to crime rate, we exploit the exogenous variation in … the SUD treatment rate at an average cost of $1.6 billion yields a crime reduction benefit of $2.5 billion to $4.8 billion …
Persistent link: https://www.econbiz.de/10010950951
A search-theoretic model of the retail market for illegal drugs is developed. Trade occurs in bilateral, potentially long-lived matches between sellers and buyers. Buyers incur search costs when experimenting with a new seller. Moral hazard is present because buyers learn purity only after a...
Persistent link: https://www.econbiz.de/10005034547
deterrence; the principal-agent relationship; settlements; self-reporting; repeat offenders; imperfect knowledge about the …
Persistent link: https://www.econbiz.de/10005014923
We observe that countries where belief in the "American dream" (i.e., effort pays) prevails also set harsher punishment for criminals. We know from previous work that beliefs are also correlated with several features of the economic system (taxation, social insurance, etc). Our objective is to...
Persistent link: https://www.econbiz.de/10005088694
Does the death penalty save lives? A surge of recent interest in this question has yielded a series of papers purporting to show robust and precise estimates of a substantial deterrent effect of capital punishment. We assess the various approaches that have been used in this literature, testing...
Persistent link: https://www.econbiz.de/10005575845
optimal mix of sanctions, including the imprisonment sentence imposed on offenders who do not pay the fine -- referred to as … case, it may be desirable when wealth is unobservable to impose an imprisonment sentence on offenders who do not pay the … fine -- who will be low-wealth offenders -- in order to induce high-wealth offenders to pay the fine. However, if the …
Persistent link: https://www.econbiz.de/10005580013
We examine the relationship between marijuana use and non-drug related crime using data on arrests from the Arrestee … Drug Abuse Monitoring (ADAM) Program and Uniform Crime Reports. There is a positive association between self-reported use … at the time of the offence and non-drug related violent, property and income-producing crime even after accounting for …
Persistent link: https://www.econbiz.de/10005828440