Dynamic Deterence Theory
Economic theories of deterrence have primarily been built on static models. A common and serious shortcoming of the existing dynamic deterrence models is the assumption of a two-period structure that ignores recidivism. The aims of this paper are to formulate and solve a general dynamic deterrence model that incorporates recidivistic behavior, to explore its implications, and to derive some testable predictions. The analysis shows how the value and the intensity, engaging in illegal activity change over time, highlights the weaknesses of two-period deterrence models and compares the deterrent effectiveness of increasing the likelihood of punishment versus the severity of punishment. Finally, the recidivistic model provides a structural foundation for the widely used stochastic-process models of crime in operations research and criminology. Copyright 1995 by The London School of Economics and Political Science.
(This abstract was borrowed from another version of this item.)
To our knowledge, this item is not available for
download. To find whether it is available, there are three
1. Check below under "Related research" whether another version of this item is available online.
2. Check on the provider's web page whether it is in fact available.
3. Perform a search for a similarly titled item that would be available.
|Date of creation:||1993|
|Date of revision:|
|Contact details of provider:|| Postal: University of Rochester, Center for Economic Research, Department of Economics, Harkness 231 Rochester, New York 14627 U.S.A.|
When requesting a correction, please mention this item's handle: RePEc:roc:rocher:366. 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: (Richard DiSalvo)
If references are entirely missing, you can add them using this form.