Crime Timing
10 Pages Posted: 24 Jun 2004
Abstract
Under a dynamic framework, we find that a profitable crime now may be not optimal and hence, not committed; a not profitable crime now may become optimal in the future. Moreover, if individuals can choose when to commit a crime, underdeterrence will be the optimal law enforcement policy.
Keywords: Economics of crime, law enforcement
JEL Classification: K4
Suggested Citation: Suggested Citation
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