An occupational choice model of crime switching
A quasi-linear, additively separable utility function is used to describe preferences between consumption and leisure and analyse occupational choice between one non-criminal and two criminal activities when individuals are heterogeneous in terms of their productivity. Occupational specialization takes place at the individual level according to their relative productivity in various activities. The aggregate amount of criminal activity features crime switching; the criminal activity depends negatively on its probability of detection, its penalty rate if caught and on the rate of return from alternative criminal activity and positively on the probability of detection and penalty rate of alternative criminal activity. Some empirical evidence from Finland about auto thefts and robberies lies in conformity with crime-switching hypothesis.
Volume (Year): 29 (1997)
Issue (Month): 5 ()
|Contact details of provider:|| Web page: http://www.tandfonline.com/RAEC20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/RAEC20|
When requesting a correction, please mention this item's handle: RePEc:taf:applec:v:29:y:1997:i:5:p:655-660. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty)
If references are entirely missing, you can add them using this form.