The cost of fear: shadow pricing the intangible costs of crime
AbstractThis study employs a cross sectional crime survey of UK residents to estimate the shadow price of victimization with respect to fear of crime. Particular attention is paid to the relationship between household income and fear of crime and potential mediating variables such as neighbourhood deprivation and neighbourhood crime rates. A robust relationship between fear of crime and income is demonstrated having controlled for deprivation and crime rate. Further analyses suggest that a substantial increase in household income is required to offset the threat of physical violence. However, actual victimization (burglary, physical violence and car crime) do not significantly influence fear of crime.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics.
Volume (Year): 38 (2006)
Issue (Month): 3 ()
Contact details of provider:
Web page: http://www.tandfonline.com/RAEC20
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.:
- Powdthavee, Nattavudh, 2003.
"Unhappiness and Crime : Evidence from South Africa,"
The Warwick Economics Research Paper Series (TWERPS)
685, University of Warwick, Department of Economics.
- Leonardo Becchetti & Elena Giachin Ricca & Alessandra Pelloni, 2009.
"The 60es turnaround as a test on the causal relationship between sociability and happiness,"
Econometica Working Papers
- Leonardo Becchetti & Elena Giachin Ricca & Alessandra Pelloni, 2009. "The 60s Turnaround as a Test on the Causal Relationship between Sociability and Happiness," SOEPpapers on Multidisciplinary Panel Data Research 209, DIW Berlin, The German Socio-Economic Panel (SOEP).
- Powdthavee, Nattavudh, 2008. "Putting a price tag on friends, relatives, and neighbours: Using surveys of life satisfaction to value social relationships," The Journal of Socio-Economics, Elsevier, vol. 37(4), pages 1459-1480, August.
- Powdthavee, Nattavudh & van den Berg, Bernard, 2011.
"Putting different price tags on the same health condition: Re-evaluating the well-being valuation approach,"
Journal of Health Economics,
Elsevier, vol. 30(5), pages 1032-1043.
- Powdthavee, Nattavudh & van den Berg, Bernard, 2011. "Putting Different Price Tags on the Same Health Condition: Re-evaluating the Well-Being Valuation Approach," IZA Discussion Papers 5493, Institute for the Study of Labor (IZA).
- John Smith & Olugbenga Ajilore, 2007. "Ethnic Fragmentation and Police Spending: Social Identity and a Public Good," Departmental Working Papers 200708, Rutgers University, Department of Economics.
- Luca Stanca, 2008.
"With or Without You? Measuring the Quality of Relational Life Throughout the World,"
144, University of Milano-Bicocca, Department of Economics, revised Jul 2008.
- Stanca, Luca, 2009. "With or without you? Measuring the quality of relational life throughout the world," The Journal of Socio-Economics, Elsevier, vol. 38(5), pages 834-842, October.
- Emilio Colombo & Luca Stanca, 2013. "Measuring the Monetary Value of Social Relations: a Hedonic Approach," Working Papers 256, University of Milano-Bicocca, Department of Economics, revised Oct 2013.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.