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Crime timing

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Author Info
Christian At () (Universite de Franche Comte, CRESE)
Nathalie Chappe () (Universite de Franche Comte, CRESE)
Abstract

This note develops a dynamic model of crime that determines the conditions under which it is optimal for a criminal to delay commission of a crime rather than committing it immediately. It also examines the optimal enforcement strategy in this context. We derive two results. The first is that it might be optimal to postpone a crime that is profitable now if its benefit increase quickly enough in the future and that a crime that is not yet optimal might become so in the future. The second is that it is optimal to underdeter crime.

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File URL: http://economicsbulletin.vanderbilt.edu/2005/volume11/EB-05K40003A.pdf
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Publisher Info
Article provided by Economics Bulletin in its journal Economics Bulletin.

Volume (Year): 11 (2005)
Issue (Month): 2 ()
Pages: 1-7
Download reference. The following formats are available: HTML (with abstract), plain text (with abstract), BibTeX, RIS (EndNote, RefMan, ProCite), ReDIF
Handle: RePEc:ebl:ecbull:v:11:y:2005:i:2:p:1-7

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Postal: Economics Bulletin, Department of Economics, 414 Calhoun Hall, Vanderbilt University, Nashville TN 37235, USA
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Related research
Keywords: Economics of crime; law enforcement;

Find related papers by JEL classification:
K4 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

  1. A. Mitchell Polinsky & Steven Shavell, 2000. "The Economic Theory of Public Enforcement of Law," Journal of Economic Literature, American Economic Association, vol. 38(1), pages 45-76, March. [Downloadable!] (restricted)
    Other versions:
  2. Emons, Winand, 2003. "A note on the optimal punishment for repeat offenders," International Review of Law and Economics, Elsevier, vol. 23(3), pages 253-259, September. [Downloadable!] (restricted)
    Other versions:
  3. Davis, Michael L, 1988. "Time and Punishment: An Intertemporal Model of Crime," Journal of Political Economy, University of Chicago Press, vol. 96(2), pages 383-90, April. [Downloadable!] (restricted)
  4. Baik, Kyung Hwan & Kim, In-Gyu, 2001. "Optimal punishment when individuals may learn deviant values," International Review of Law and Economics, Elsevier, vol. 21(3), pages 271-285, September. [Downloadable!] (restricted)
  5. Garoupa, Nuno, 1997. " The Theory of Optimal Law Enforcement," Journal of Economic Surveys, Blackwell Publishing, vol. 11(3), pages 267-95, September. [Downloadable!] (restricted)
  6. Peter-Jan Engelen, 2004. "Criminal Behavior: A Real Option Approach With an Application to Restricting Illegal Insider Trading," European Journal of Law and Economics, Springer, vol. 17(3), pages 329-352, May. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Langlais, Eric, 2008. "Deterrence of a criminal team: how to rely on its members' shortcomings?," MPRA Paper 14369, University Library of Munich, Germany. [Downloadable!]
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This page was last updated on 2009-11-16.


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