ABSTRACT
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.
TABLE OF CONTENTS
part I|44 pages
Fundamental Economics of Crime and Enforcement
chapter 1|21 pages
The Economic Rationale for the Criminal Law
chapter 2|9 pages
Benefit/Cost Analysis of the Enforcement Decision
chapter 3|12 pages
Measuring the Amount and Cost of Crime
part II|88 pages
Applying Economic Theory to Crime
chapter 4|12 pages
The Market for “Victimless” Crime
chapter 5|15 pages
The Market for Crime with Victims
chapter 6|13 pages
Risk Preferences and the Supply of Offenses
chapter 7|18 pages
The State Preference Model and the Economics of Tax Evasion
chapter 8|14 pages
Modeling Neighborhood Crime and Self-Enforcement
chapter 9|14 pages
Enforcement Games
part III|34 pages
Use of Statistical Analysis in Research on Crime
chapter 10|20 pages
Statistical Problems in Testing Models of Crime
chapter 11|12 pages
Implicit Market Measures of the Benefits of Crime Control
part IV|137 pages
Economics of Specific Enforcement Issues