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Books > Social sciences > Sociology, social studies > Crime & criminology > Penology & punishment
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Economics of Crime (Paperback)
Loot Price: R1,222
Discovery Miles 12 220
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Economics of Crime (Paperback)
Series: Foundations and Trends (R) in Microeconomics
Expected to ship within 10 - 15 working days
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Economics of Crime presents the basic model of criminal behavior
and law enforcement. The authors start by reviewing the economics
of criminal behavior. Models of criminal behavior applying the
model of individual rational behavior are presented. Empirical
studies surveyed use regression analyses and employ data from
states and police regions down to individuals. These studies tend
to support the hypothesis that the probability of punishment and
the severity of punishment have a deterrent effect on crime.
Methodological problems relating to the assumption of rationality,
statistical identification of equations, measurement errors, and
operationalization of theoretical variables are discussed.
Economics of Crime also review the theory of public enforcement
including probability and severity, fines and imprisonment, repeat
offenders, incentives of enforcers, enforcement costs and
enforcement errors. Economics of Crime is intended for economists
and lawyers, practitioners, scholars and students in the field of
law and economics, microeconomics, and criminology who wish to
learn the basics of the economics of crime, criminal behavior, and
law enforcement.
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