Economics of Crime

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Stephen Machin - One of the best experts on this subject based on the ideXlab platform.

  • Crime and Economic Incentives
    Annual Review of Economics, 2015
    Co-Authors: Mirko Draca, Stephen Machin
    Abstract:

    In economic models of Crime, changing economic incentives alter the participation of individuals in criminal activities. We critically appraise the work in this area. After a brief overview of the workhorse Economics of Crime model for organizing our discussion on Crime and economic incentives, we first document the significant rise of the Economics of Crime as a research field and then go on to review the evidence on the relationship between Crime and economic incentives. We divide this discussion into incentives operating through legal wages in the formal labor market and the economic returns to illegal activities. Evidence that economic incentives matter for Crime emerges from both.

  • Lessons from the Economics of Crime: What Reduces offending? - Lessons from the Economics of Crime: What Reduces offending?
    2013
    Co-Authors: Philip J. Cook, Stephen Machin, Olivier Marie, Giovanni Mastrobuoni
    Abstract:

    Economists who bring the tools of economic analysis to bear on the study of Crime and Crime prevention contribute to current debates a normative framework and sophisticated quantitative methods for evaluating policy, the idea of criminal behavior as rational choice, and the connection of individual choices to aggregate outcomes. The contributors to this volume draw on all three of these approaches in their investigations and discuss the policy implications of their findings. Reporting on research in the United States, Europe, and South America, the chapters discuss such topics as a cost-benefit analysis of additional police hiring, the testing of innovative policy interventions through field experiments, imprisonment and recidivism rates, incentives and disincentives for sports hooliganism ("hooliganomics"), data showing the influence of organized Crime on the quality of local politicians, and the (scant) empirical evidence for the effect of immigration on Crime. These contributions demonstrate the eclectic approach of economists studying Crime as well as their increasing respect for the contributions of other social scientists in this area. ContributorsBrian Bell, Paolo Buonanno, Philip J. Cook, John J. Donohue III, Jeffrey R. Kling, Jens Ludwig, Stephen Machin, Olivier Marie, Giovanni Mastrobuoni, Sendhil Mullainathan, Aurelie Ouss, Emily Greene Owens, Stefan Pichler, Paolo Pinotti, Mikael Priks, Daniel Romer, Rodrigo R. Soares, Igor Viveiros

  • lessons from the Economics of Crime what reduces offending
    MIT Press, 2013
    Co-Authors: Philip J. Cook, Stephen Machin, Olivier Marie, Giovanni Mastrobuoni
    Abstract:

    Economists who bring the tools of economic analysis to bear on the study of Crime and Crime prevention contribute to current debates a normative framework and sophisticated quantitative methods for evaluating policy, the idea of criminal behavior as rational choice, and the connection of individual choices to aggregate outcomes. The contributors to this volume draw on all three of these approaches in their investigations and discuss the policy implications of their findings. Reporting on research in the United States, Europe, and South America, the chapters discuss such topics as a cost-benefit analysis of additional police hiring, the testing of innovative policy interventions through field experiments, imprisonment and recidivism rates, incentives and disincentives for sports hooliganism ("hooliganomics"), data showing the influence of organized Crime on the quality of local politicians, and the (scant) empirical evidence for the effect of immigration on Crime. These contributions demonstrate the eclectic approach of economists studying Crime as well as their increasing respect for the contributions of other social scientists in this area. ContributorsBrian Bell, Paolo Buonanno, Philip J. Cook, John J. Donohue III, Jeffrey R. Kling, Jens Ludwig, Stephen Machin, Olivier Marie, Giovanni Mastrobuoni, Sendhil Mullainathan, Aurelie Ouss, Emily Greene Owens, Stefan Pichler, Paolo Pinotti, Mikael Priks, Daniel Romer, Rodrigo R. Soares, Igor Viveiros

  • Lessons from the Economics of Crime
    CentrePiece-The Magazine for Economic Performance, 2012
    Co-Authors: Philip J. Cook, Stephen Machin, Olivier Marie, Giovanni Mastrobuoni
    Abstract:

    Olivier Marie explains the value of an economic approach to the analysis, design and evaluation of Crime-fighting policies.

  • Crime Displacement and Police Interventions: Evidence from London's "Operation Theseus"
    2010
    Co-Authors: Mirko Draca, Stephen Machin, Robert Witt
    Abstract:

    This book contributes to the current debate on causes and solutions by applying lessons learned from recent developments in the Economics of Crime

Ernesto Schargrodsky - One of the best experts on this subject based on the ideXlab platform.

  • the Economics of Crime lessons for and from latin america
    NBER Books, 2010
    Co-Authors: Rafael Di Tella, Sebastian Edwards, Ernesto Schargrodsky
    Abstract:

    Crime rates in Latin America are among the highest in the world, creating climates of fear and lawlessness in several countries. Despite this situation, there has been a lack of systematic effort to study Crime in the region or the effectiveness of policies designed to tackle it. "The Economics of Crime" is a powerful corrective to this academic blind spot and makes an important contribution to the current debate on causes and solutions by applying lessons learned from recent developments in the Economics of Crime. "The Economics of Crime" addresses a variety of topics, including the impact of kidnappings on investment, mandatory arrest laws, education in prisons, and the relationship between poverty and Crime. Utilizing research from within and without Latin America, this book illustrates the broad range of approaches that have been efficacious in studying Crime in both developing and developed nations. "The Economics of Crime" is a vital text for researchers, policymakers, and students of both Crime and Latin American economic policy.

  • The Economics of Crime
    2010
    Co-Authors: Rafael Di Tella, Sebastian Edwards, Ernesto Schargrodsky
    Abstract:

    Crime rates in Latin America are among the highest in the world, creating climates of fear and lawlessness in several countries. Despite this situation, there has been a lack of systematic effort to study Crime in the region or the effectiveness of policies designed to tackle it. The Economics of Crime is a powerful corrective to this academic blind spot and makes an important contribution to the current debate on causes and solutions by applying lessons learned from recent developments in the Economics of Crime. The Economics of Crime addresses a variety of topics, including the impact of kidnappings on investment, mandatory arrest laws, education in prisons, and the relationship between poverty and Crime. Utilizining research from within and without Latin America, this book illustrates the broad range of approaches that have been efficacious in studying Crime in both developing and developed nations. The Economics of Crime is a vital text for researchers, policymakers, and students of both Crime and of Latin American economic policy.

  • The Economics of Crime: Lessons For and From Latin America - The Economics of Crime: Lessons for and from Latin America
    2010
    Co-Authors: Rafael Di Tella, Sebastian Edwards, Ernesto Schargrodsky
    Abstract:

    Crime rates in Latin America are among the highest in the world, creating climates of fear and lawlessness in several countries. Despite this situation, there has been a lack of systematic effort to study Crime in the region or the effectiveness of policies designed to tackle it. "The Economics of Crime" is a powerful corrective to this academic blind spot and makes an important contribution to the current debate on causes and solutions by applying lessons learned from recent developments in the Economics of Crime. "The Economics of Crime" addresses a variety of topics, including the impact of kidnappings on investment, mandatory arrest laws, education in prisons, and the relationship between poverty and Crime. Utilizing research from within and without Latin America, this book illustrates the broad range of approaches that have been efficacious in studying Crime in both developing and developed nations. "The Economics of Crime" is a vital text for researchers, policymakers, and students of both Crime and Latin American economic policy.

Russell Smyth - One of the best experts on this subject based on the ideXlab platform.

  • Who wants safer cities? Perceptions of public safety and attitudes to migrants among China's urban population
    International Review of Law and Economics, 2008
    Co-Authors: Ingrid Nielsen, Russell Smyth
    Abstract:

    Most extant research in the Economics of Crime literature has focused on explaining variations in Crime rates. Public action to prevent Crime, however, is often dependent on the level of concern about public safety that is expressed in public perceptions surveys. The Economics of Crime literature has largely overlooked responses to such surveys as data sources and therefore it has not accounted for the role that public opinion might have in mobilizing public action against Crime. We use a unique survey administered in 2003 in 32 Chinese cities to examine the determinants of perceptions of public safety among China's urban population. One of our major findings is that individuals who have a negative perception of rural-urban migrants living in their city have a poor perception of public safety. We also find that the unemployment rate, the masculinity ratio and expenditure on armed police in the city in which the individual resides, whether the individual lives in the coastal region as opposed to the central or western region and average changes in housing prices and average changes in rental prices in the city in which the individual lives are important predictors of perceptions of public safety.

  • WHO FEARS Crime? PERCEPTIONS of PUBLIC SECURITY AND ATTITUDES TO MIGRANTS AMONG CHINA'S URBAN POPULATION
    2005
    Co-Authors: Ingrid Nielsen, Russell Smyth
    Abstract:

    Most extant research in the Economics of Crime literature has focused on explaining variations in Crime rates. Public action to prevent Crime, however, is often dependent on the level of concern about public security that is expressed in public perceptions surveys. The Economics of Crime literature has largely overlooked responses to such surveys as data sources and therefore it has not accounted for the role that public opinion might have in mobilizing public action against Crime. We use a unique survey administered in 2003 in 32 Chinese cities to examine the determinants of perceptions of public security among China’s urban population. In particular, we investigate the hypothesis that urbanites’ attitudes to migrants influence their perceptions of public security. We find that individuals who have a negative perception of migrants also have a poor perception of public security. We also find that the unemployment rate, the masculinity ratio and expenditure on armed police in the city in which the individual resides, whether the individual lives in the coastal region as opposed to the central or western region and average changes in housing prices and average changes in rental prices in the city in which the individual lives are important predictors of perceptions of public security.

Mirko Draca - One of the best experts on this subject based on the ideXlab platform.

  • Crime and Economic Incentives
    Annual Review of Economics, 2015
    Co-Authors: Mirko Draca, Stephen Machin
    Abstract:

    In economic models of Crime, changing economic incentives alter the participation of individuals in criminal activities. We critically appraise the work in this area. After a brief overview of the workhorse Economics of Crime model for organizing our discussion on Crime and economic incentives, we first document the significant rise of the Economics of Crime as a research field and then go on to review the evidence on the relationship between Crime and economic incentives. We divide this discussion into incentives operating through legal wages in the formal labor market and the economic returns to illegal activities. Evidence that economic incentives matter for Crime emerges from both.

  • Crime Displacement and Police Interventions: Evidence from London's "Operation Theseus"
    2010
    Co-Authors: Mirko Draca, Stephen Machin, Robert Witt
    Abstract:

    This book contributes to the current debate on causes and solutions by applying lessons learned from recent developments in the Economics of Crime

Rafael Di Tella - One of the best experts on this subject based on the ideXlab platform.

  • the Economics of Crime lessons for and from latin america
    NBER Books, 2010
    Co-Authors: Rafael Di Tella, Sebastian Edwards, Ernesto Schargrodsky
    Abstract:

    Crime rates in Latin America are among the highest in the world, creating climates of fear and lawlessness in several countries. Despite this situation, there has been a lack of systematic effort to study Crime in the region or the effectiveness of policies designed to tackle it. "The Economics of Crime" is a powerful corrective to this academic blind spot and makes an important contribution to the current debate on causes and solutions by applying lessons learned from recent developments in the Economics of Crime. "The Economics of Crime" addresses a variety of topics, including the impact of kidnappings on investment, mandatory arrest laws, education in prisons, and the relationship between poverty and Crime. Utilizing research from within and without Latin America, this book illustrates the broad range of approaches that have been efficacious in studying Crime in both developing and developed nations. "The Economics of Crime" is a vital text for researchers, policymakers, and students of both Crime and Latin American economic policy.

  • The Economics of Crime
    2010
    Co-Authors: Rafael Di Tella, Sebastian Edwards, Ernesto Schargrodsky
    Abstract:

    Crime rates in Latin America are among the highest in the world, creating climates of fear and lawlessness in several countries. Despite this situation, there has been a lack of systematic effort to study Crime in the region or the effectiveness of policies designed to tackle it. The Economics of Crime is a powerful corrective to this academic blind spot and makes an important contribution to the current debate on causes and solutions by applying lessons learned from recent developments in the Economics of Crime. The Economics of Crime addresses a variety of topics, including the impact of kidnappings on investment, mandatory arrest laws, education in prisons, and the relationship between poverty and Crime. Utilizining research from within and without Latin America, this book illustrates the broad range of approaches that have been efficacious in studying Crime in both developing and developed nations. The Economics of Crime is a vital text for researchers, policymakers, and students of both Crime and of Latin American economic policy.

  • The Economics of Crime: Lessons For and From Latin America - The Economics of Crime: Lessons for and from Latin America
    2010
    Co-Authors: Rafael Di Tella, Sebastian Edwards, Ernesto Schargrodsky
    Abstract:

    Crime rates in Latin America are among the highest in the world, creating climates of fear and lawlessness in several countries. Despite this situation, there has been a lack of systematic effort to study Crime in the region or the effectiveness of policies designed to tackle it. "The Economics of Crime" is a powerful corrective to this academic blind spot and makes an important contribution to the current debate on causes and solutions by applying lessons learned from recent developments in the Economics of Crime. "The Economics of Crime" addresses a variety of topics, including the impact of kidnappings on investment, mandatory arrest laws, education in prisons, and the relationship between poverty and Crime. Utilizing research from within and without Latin America, this book illustrates the broad range of approaches that have been efficacious in studying Crime in both developing and developed nations. "The Economics of Crime" is a vital text for researchers, policymakers, and students of both Crime and Latin American economic policy.