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The value of reducing fear: an analysis using the European Social Survey

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  • Simon Christopher Moore

Abstract

This paper calculates the shadow price of fear of crime using the European Social Survey. A multiple regression model is specified with happiness as the outcome variable and fear of crime, total household income and control variables as independent variables. Both income and fear of crime are significantly associated with happiness and the total household income required to compensate an average household for an increase in fear of crime is estimated.

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File URL: http://www.tandfonline.com/doi/abs/10.1080/00036840500368094
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Bibliographic Info

Article provided by Taylor & Francis Journals in its journal Applied Economics.

Volume (Year): 38 (2006)
Issue (Month): 1 ()
Pages: 115-117

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Handle: RePEc:taf:applec:v:38:y:2006:i:1:p:115-117

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  1. Orsolya Lelkes, 2005. "Knowing what is good for you. Empirical analysis of personal preferences and the 'objective good'," Others 0502002, EconWPA.
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Cited by:
  1. Adriana Villamarin Garcia, 2011. "Prevenir y calcular una estimacion de los costos de la violencia homicida en Colombia," DOCUMENTOS DE CERAC 009108, CERAC -CENTRO DE RECURSOS PARA EL ANÁLISIS DE CONFLICTOS-.

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