The Economic Epidemiology of Crime
AbstractEconomic analysis of infectious diseases emphasizes the self-correcting character of epidemics, as rising risk of infection causes potential victims to take self-protective measures. We apply the analysis to crime, showing how rational potential victims of crime will take increased self-protective measures in response to rising crime rates, causing those rates to moderate. Victim responses to crime can offset public expenditures on crime control; this implies that there may be a "natural" rate of crime that is difficult for the public sector to affect. We show that victim responses to crime can impart a cyclical pattern to crime rates and discuss the implications of our analysis for gun control and present empirical evidence concerning the responsiveness of self-protective measures to crime rates and the cyclical pattern of those rates. Copyright 1996 by the University of Chicago.
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Bibliographic InfoArticle provided by University of Chicago Press in its journal Journal of Law & Economics.
Volume (Year): 39 (1996)
Issue (Month): 2 (October)
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