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In this paper we construct four rather broad classes of theoretical models of criminal behavior and analyze the properties of each class. Our focus is on the testable hypotheses which arise from each class
Persistent link: https://www.econbiz.de/10014178858
In this paper we show that plausible preference restrictions are not sufficient for unambiguous household supply results in the criminal choke problem. Therefore policy prescriptions in this area do not follow from theory, but rather require empirical determination of relative magnitudes
Persistent link: https://www.econbiz.de/10014180915
In this paper we show that neither Becker nor Brown and Reynolds provide a proper description of the failure state in the criminal choice problem. A more satisfactory specification is provided which yields the Becker and Brown and Reynolds formulations as special cases
Persistent link: https://www.econbiz.de/10014180916