Lessons from the Economics of Crime
'Lessons from the Economics of Crime' in Lessons from the Economics of Crime, edited by P.J. Cook, S.J. Machin, O. Marie, and G. Mastrobuoni, MIT Press, Forthcoming
14 Pages Posted: 31 Jul 2012
Date Written: July 29, 2012
What have the economists contributed to the study of criminal behavior and crime control? In what follows, to motivate and describe the contributions to this edited volume, we discuss three domains:
• A normative framework for evaluating criminal law and crime prevention, and the application of sophisticated quantitative methods to analyze the causes of crime and the effects of crime-control measures in this framework; • The conception of criminal behavior as individual choice, influenced by perceived consequences; • The aggregation of individual choices to a systems framework for understanding crime rates and patterns.
The papers in this volume are informed by and contribute to all of these domains.
Keywords: economics of crime
JEL Classification: K42
Suggested Citation: Suggested Citation