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Rational choice models argue that income inequality leads to a higher expected utility of crime and thus generates … incentives to engage in illegal activities. Yet, the results of empirical studies do not provide strong support for this theory … property crime rates when a representative sample is used and country specific fixed effects are controlled for. An important …
Persistent link: https://www.econbiz.de/10012984690
these dynamics. Relying on a game-theoretic approach, we show how inequality and corruption are interconnected via a crime …
Persistent link: https://www.econbiz.de/10012902058
only does the fear of crime correlate with actual crime rates, but it can even increase independently of them. Such an … increase can be seen during times of social upheaval. Regionally, there is a clear north-south divide: There is less crime in … the south and people who live there feel safer than people living in the north. The fear of crime is distributed unevenly …
Persistent link: https://www.econbiz.de/10015438536
This paper explores theoretical linkages between poverty traps, economic inequality and delinquency in a perfect competition overlapping generations model characterized by dual legal production sectors and one illegal sector. The model posits an absence of credit for human capital accumulation,...
Persistent link: https://www.econbiz.de/10013055711
There is a consensus that inequality increases the supply of crime. As disparity in income grows within a society, the … inequality in an equilibrium model of crime and private protection. We show that inequality unambiguously increases investment in … private protection, but the relationship between inequality and crime is ambiguous …
Persistent link: https://www.econbiz.de/10013211547
In a high-crime environment with many high-income citizens, private security companies which offer protection against … crime can flourish. In this article crime is modelled as a game where richer victims yield a higher return on crime, but … with decreasing returns to crime as more criminals choose crime to supplement their income. Private security providers …
Persistent link: https://www.econbiz.de/10009579624
This paper has two goals. The first is to show that the heat hypothesis provides a partial explanation of violent crime … violent crime. In particular, the findings here seem in general to support the hypothesis that differences between countries … inequality may overpower the role of hot weather and seasonal variation of temperature to explain the level of violent crime in …
Persistent link: https://www.econbiz.de/10012944890
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