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Incentive and Incarceration Effects in a General Equilibrium Model of Crime

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Abstract

An intertemporal general equilibrium model of criminal behavior is used to analyze the effect on crime of changing policy parameters. The policy parameters are the length of the prison term, the severity of punishment, and the amount of police resources. The number of crimes in society can be decomposed into an incentive part, an incarceration part, and a crime competition part. The magnitudes of these three components are studied by means of empirical data from England and the US.

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Bibliographic Info

Paper provided by Stockholm University, Department of Economics in its series Research Papers in Economics with number 2001:6.

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Length: 25 pages
Date of creation: 22 Feb 2001
Date of revision:
Handle: RePEc:hhs:sunrpe:2001_0006

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Postal: Department of Economics, Stockholm, S-106 91 Stockholm, Sweden
Phone: +46 8 16 20 00
Fax: +46 8 16 14 25
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Web page: http://www.ne.su.se/
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Keywords: Crime; Genreal Equilibrium; Incarceration; Incarceration effect;

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References

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  1. Furlong, William J., 1987. "A general equilibrium model of crime commission and prevention," Journal of Public Economics, Elsevier, vol. 34(1), pages 87-103, October.
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  14. 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.
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Citations

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Cited by:
  1. 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.
  2. Persson, Mats & Siven, Claes-Henric, 2006. "The Becker Paradox and Type I vs. Type II Errors in the Economics of Crime," Seminar Papers 741, Stockholm University, Institute for International Economic Studies.
  3. Eaton, B.Curtis & Wen, Jean-Fran├žois, 2008. "Myopic deterrence policies and the instability of equilibria," Journal of Economic Behavior & Organization, Elsevier, vol. 65(3-4), pages 609-624, March.
  4. Adam Jacobsson & Alberto Naranjo, 2009. "Counter-intuitive effects of domestic law enforcement policies in the United States," Economics of Governance, Springer, vol. 10(4), pages 323-343, November.

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