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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  

Philip J. Cook

Duke University - Sanford School of Public Policy; Duke University - Department of Economics; National Bureau of Economic Research (NBER)

Stephen J. Machin

University College London - Department of Economics; IZA Institute of Labor Economics

Olivier E. Marie

Maastricht University

Giovanni Mastrobuoni

University of Essex - Department of Economics; IZA; University of Torino - Collegio Carlo Alberto

Date Written: July 29, 2012

Abstract

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

Cook, Philip J. and Machin, Stephen J. and Marie, Olivier E. and Mastrobuoni, Giovanni, Lessons from the Economics of Crime (July 29, 2012). '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. Available at SSRN: https://ssrn.com/abstract=2119606

Philip J. Cook (Contact Author)

Duke University - Sanford School of Public Policy ( email )

201 Science Drive
Box 90312
Durham, NC 27708-0239
United States
919-613-7360 (Phone)
919-681-8288 (Fax)

Duke University - Department of Economics

213 Social Sciences Building
Box 90097
Durham, NC 27708-0204
United States

National Bureau of Economic Research (NBER)

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

Stephen J. Machin

University College London - Department of Economics ( email )

Gower Street
London WC1E 6BT, WC1E 6BT
United Kingdom
+0171 955 7799 (Phone)
+0171 955 7595 (Fax)

IZA Institute of Labor Economics ( email )

Schaumburg-Lippe-Str. 7 / 9
Bonn, D-53072
Germany

Olivier E. Marie

Maastricht University ( email )

Maastricht
Netherlands

Giovanni Mastrobuoni

University of Torino - Collegio Carlo Alberto ( email )

via Real Collegio 30
Moncalieri, Torino 10024
Italy

University of Essex - Department of Economics ( email )

Wivenhoe Park
Colchester CO4 3SQ
United Kingdom

IZA ( email )

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