The engine immobilizer: a non-starter for car thieves
We provide evidence for a beneficial welfare impact of a crime policy that is targeted at strenghtening victim precaution. Regulation made application of the electronic engine immobilizer, a simple and low-cost anti-theft device, mandatory for all new cars sold within the European Union as of 1998. We exploit the regulation as source of exogenous variation in use of the device by year of manufacture of cars. Based on detailed data at the level of car models, we find that uniform application of the security device reduced the probability of car theft by an estimated 50 percent on average in the Netherlands during 1995-2008, accounting for both the protective effect on cars with the device and the displacement effect on cars without the device. The costs per prevented theft equal some 1,500 Euro; a fraction of the social benefits of a prevented car theft.
|Date of creation:||Jan 2013|
|Date of revision:|
|Contact details of provider:|| Postal: |
Phone: 44 - 20 - 7183 8801
Fax: 44 - 20 - 7183 8820
|Order Information:|| Email: |
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ehrlich, Isaac, 1981. "On the Usefulness of Controlling Individuals: An Economic Analysis of Rehabilitation, Incapacitation, and Deterrence," American Economic Review, American Economic Association, vol. 71(3), pages 307-22, June.
- Hui-Wen, Koo & Png, I. P. L., 1994. "Private security: Deterrent or diversion?," International Review of Law and Economics, Elsevier, vol. 14(1), pages 87-101, March.
- Robert Meyer, 2012. "Failing to learn from experience about catastrophes: The case of hurricane preparedness," Journal of Risk and Uncertainty, Springer, vol. 45(1), pages 25-50, August.
- Ben Vollaard & Jan C. van Ours, 2011.
"Does Regulation of Built‐in Security Reduce Crime? Evidence from a Natural Experiment,"
Royal Economic Society, vol. 121(552), pages 485-504, 05.
- van Ours, Jan C & Vollaard, Ben, 2010. "Does Regulation of Built-In Security Reduce Crime? Evidence from a Natural Experiment," CEPR Discussion Papers 7817, C.E.P.R. Discussion Papers.
- Vollaard, B.A. & van Ours, J.C., 2010. "Does Regulation of Built-In Security Reduce Crime? Evidence From a Natural Experiment," Discussion Paper 2010-45, Tilburg University, Center for Economic Research.
- Florian Baumann & Tim Friehe, 2012.
"Private Protection against Crime when Property Value is Private Information,"
CESifo Working Paper Series
3888, CESifo Group Munich.
- Baumann, Florian & Friehe, Tim, 2013. "Private protection against crime when property value is private information," International Review of Law and Economics, Elsevier, vol. 35(C), pages 73-79.
- Baumann, Florian & Friehe, Tim, 2013. "Private protection against crime when property value is private information," DICE Discussion Papers 91, Heinrich‐Heine‐Universität Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
- Leigh, Andrew & Neill, Christine, 2010.
"Do Gun Buybacks Save Lives? Evidence from Panel Data,"
IZA Discussion Papers
4995, Institute for the Study of Labor (IZA).
- Christine Neill, 2010. "Do Gun Buybacks Save Lives? Evidence from Panel Data," American Law and Economics Review, Oxford University Press, vol. 12(2), pages 462-508.
- Lacroix Guy & Narceau Nicolas, 1995. "Private Protection against Crime," Journal of Urban Economics, Elsevier, vol. 37(1), pages 72-87, January.
- Philip J. Cook & John MacDonald, 2011. "Public Safety through Private Action: an Economic Assessment of BIDS," Economic Journal, Royal Economic Society, vol. 121(552), pages 445-462, 05.
- Helsley, Robert W. & Strange, William C., 2005. "Mixed markets and crime," Journal of Public Economics, Elsevier, vol. 89(7), pages 1251-1275, July.
- Ian Ayres & Steven D. Levitt, 1997.
"Measuring Positive Externalities from Unobservable Victim Precaution: An Empirical Analysis of Lojack,"
NBER Working Papers
5928, National Bureau of Economic Research, Inc.
- Ian Ayres & Steven D. Levitt, 1998. "Measuring Positive Externalities From Unobservable Victim Precaution: An Empirical Analysis Of Lojack," The Quarterly Journal of Economics, MIT Press, vol. 113(1), pages 43-77, February.
- Helsley, Robert W. & Strange, William C., 1999. "Gated Communities and the Economic Geography of Crime," Journal of Urban Economics, Elsevier, vol. 46(1), pages 80-105, July.
- Shavell, Steven, 1991. "Individual precautions to prevent theft: Private versus socially optimal behavior," International Review of Law and Economics, Elsevier, vol. 11(2), pages 123-132, September.
- McClellan, Chandler & Tekin, Erdal, 2012. "Stand Your Ground Laws and Homicides," IZA Discussion Papers 6705, Institute for the Study of Labor (IZA).
- Cook, Philip J. & Ludwig, Jens, 2006. "The social costs of gun ownership," Journal of Public Economics, Elsevier, vol. 90(1-2), pages 379-391, January.
When requesting a correction, please mention this item's handle: RePEc:cpr:ceprdp:9298. 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: ()The email address of this maintainer does not seem to be valid anymore. Please ask to update the entry or send us the correct address
If references are entirely missing, you can add them using this form.