Economics and Crime in the States.

Economic Review (Atlanta, Ga.) | January 1, 1999| | Copyright

This article will first introduce the economics and crime literature by describing a very simple crime model.(1) Models for the economics of crime are easily described in a supply-and-demand framework in which criminals supply crime, the public at large demands protection from crime, and the government provides public protection. The model can be used to show how crime responds to a variety of demographic and economic factors and what results to expect from public policy proposals. Then the article introduces crime data by outlining broad trends of various crime categories in ...

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