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The economics of crime

Author

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  • Gary S. Becker

Abstract

Gary S. Becker, the 1992 recipient of the Nobel Prize for Economic Science and Professor of Economics at the University of Chicago, spoke to business and community leaders as guest lecturer in the Federal Reserve Bank of Richmond's Economic Lecture Series. This article is excerpted from The Economics of Crime: Prevention, Enforcement, and Punishment, which outlined his premise that people decide whether to commit a crime by a comparison of the benefits and costs.

Suggested Citation

  • Gary S. Becker, 1995. "The economics of crime," Cross Sections, Federal Reserve Bank of Richmond, issue Fall, pages 8-15.
  • Handle: RePEc:fip:fedrcs:y:1995:i:fall:p:8-15:n:v.12no.3
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    Citations

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    Cited by:

    1. Panu Poutvaara & Mikael Priks, 2005. "Violent Groups and Police Tactics: Should Tear Gas Make Crime Preventers Cry?," CESifo Working Paper Series 1639, CESifo Group Munich.
    2. Kshetri, Nir, 2005. "Information and communications technologies, strategic asymmetry and national security," Journal of International Management, Elsevier, vol. 11(4), pages 563-580, December.
    3. Michael Massourakis & Farahmand Rezvani & Tadashi Yamada, 1984. "Occupation, Race, Unemployment and Crime In a Dynamic System," NBER Working Papers 1256, National Bureau of Economic Research, Inc.
    4. Dacey, Raymond & Gallant, Kenneth S., 1997. "Crime control and harassment of the innocent," Journal of Criminal Justice, Elsevier, vol. 25(4), pages 325-334.
    5. Kshetri, Nir, 2005. "Pattern of global cyber war and crime: A conceptual framework," Journal of International Management, Elsevier, vol. 11(4), pages 541-562, December.

    More about this item

    Keywords

    Crime ; Economics;

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