Economics of Crime and Enforcement

Economics of Crime and Enforcement

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This text is designed for use in a course on the economics of crime in a variety of settings. Assuming only a previous course in basic microeconomics, this innovative book is strongly linked to the new theoretical and empirical journal literature. Showing the power of microeconomics in action, Yezer covers a wide array of topics. There are chapters on the following topics: benefit-cost and the imprisonment decision, enforcement games, juvenile crime, private enforcement, economics of 3 strikes law, broken windows strategies, police profiling, and crime in developing countries. There are also separate chapters on guns, drugs, and capital punishment. Timely boxed examples are found throughout. Problems at the end of each chapter allow students to reinforce their microeconomics skills and to gain insight into the way they can be applied to case examples.... in the case of tax evasion. 3. The state preference model illustrates how differences in the degree of risk aversion matter. 4. It is possible to add the possibility of false conviction, that is, sanction even if I = R. There is a problem in determining the amount of ... finally, for those with a corner solution at R = 0, increasing pc reduces the incentive to remain at that position. ... audits of a stratified random sample of individual tax returns under the Taxpayer Compliance Measurement Program.

Title:Economics of Crime and Enforcement
Author: Anthony M. Yezer
Publisher:Routledge - 2014-12-18

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