Welfare Costs of Crime and Common Violence: A Critical Review
This paper critically reviews a vast array of literature on the costs of crime and common violence. Using a simple economic model of crime as a theoretical benchmark, we conceptually discuss the estimates available and their potential use as inputs for public policy. We present current methodologies, explore their main results, discuss their limitations, and suggest directions for further research.
|Date of creation:||Oct 2010|
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- Gary S. Becker, 1974.
"Crime and Punishment: An Economic Approach,"
in: Essays in the Economics of Crime and Punishment, pages 1-54
National Bureau of Economic Research, Inc.
- Peter Lorentzen & John McMillan & Romain Wacziarg, 2005.
"Death and Development,"
NBER Working Papers
11620, National Bureau of Economic Research, Inc.
- Soares, Rodrigo R., 2006. "The welfare cost of violence across countries," Journal of Health Economics, Elsevier, vol. 25(5), pages 821-846, September.
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