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Crime, expectations, and the deterrence hypothesis

In: Research Handbook on Economic Models of Law

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  • Matthew J. Baker
  • Niklas J. Westelius

Abstract

One of the great successes of the law and economics movement has been the use of economic models to explain the structure and function of broad areas of law. The original contributions to this volume epitomize that tradition, offering state-of-the-art research on the many facets of economic modeling in law.

Suggested Citation

  • Matthew J. Baker & Niklas J. Westelius, 2013. "Crime, expectations, and the deterrence hypothesis," Chapters, in: Thomas J. Miceli & Matthew J. Baker (ed.), Research Handbook on Economic Models of Law, chapter 12, pages 235-280, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:14720_12
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    26. Joanne M. Doyle & Ehsan Ahmed & Robert N. Horn, 1999. "The Effects of Labor Markets and Income Inequality on Crime: Evidence from Panel Data," Southern Economic Journal, John Wiley & Sons, vol. 65(4), pages 717-738, April.
    27. Stephen R. Bond, 2002. "Dynamic panel data models: a guide to micro data methods and practice," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 1(2), pages 141-162, August.
    28. James H. Stock & Motohiro Yogo, 2002. "Testing for Weak Instruments in Linear IV Regression," NBER Technical Working Papers 0284, National Bureau of Economic Research, Inc.
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    30. Levitt, Steven D, 1998. "Why Do Increased Arrest Rates Appear to Reduce Crime: Deterrence, Incapacitation, or Measurement Error?," Economic Inquiry, Western Economic Association International, vol. 36(3), pages 353-372, July.
    31. Marvell, Thomas B & Moody, Carlisle E, 2001. "The Lethal Effects of Three-Strikes Laws," The Journal of Legal Studies, University of Chicago Press, vol. 30(1), pages 89-106, January.
    32. Ian Ayres & John J. Donohue III, 2002. "Shooting Down the More Guns, Less Crime Hypothesis," NBER Working Papers 9336, National Bureau of Economic Research, Inc.
    33. Blumstein, Alfred, 1978. "Research on deterrent and incapacitative effects of criminal sanctions," Journal of Criminal Justice, Elsevier, vol. 6(1), pages 1-2.
    34. Zsolt Becsi, 1999. "Economics and crime in the states," Economic Review, Federal Reserve Bank of Atlanta, vol. 84(Q1), pages 38-56.
    35. Lott, John R, Jr & Mustard, David B, 1997. "Crime, Deterrence, and Right-to-Carry Concealed Handguns," The Journal of Legal Studies, University of Chicago Press, vol. 26(1), pages 1-68, January.
    36. Ehrlich, Isaac, 1973. "Participation in Illegitimate Activities: A Theoretical and Empirical Investigation," Journal of Political Economy, University of Chicago Press, vol. 81(3), pages 521-565, May-June.
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    Cited by:

    1. Endres Alfred & Rundshagen Bianca, 2016. "Optimal Penalties for Repeat Offenders – The Role of Offence History," The B.E. Journal of Theoretical Economics, De Gruyter, vol. 16(2), pages 545-578, June.

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    Keywords

    Economics and Finance; Law - Academic;

    JEL classification:

    • K4 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior

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