Theory and estimation in models of crime and its social control and their relations to concepts of social output

Following a short introduction, consideration is given (section II) to a model, developed by Becker (1968), that attempts to describe the generation of, and optimum punishment for, illegal activity. It is shown that this model has no optimum finite solution for the case where punishment is costless...

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Bibliographic Details
Authors: Carr-Hill, Roy A. 1943- (Author) ; Stern, Nicholas H. 1946- (Author)
Format: Electronic/Print Article
Language:English
Published: 1977
In: The economics of public services
Year: 1977, Pages: 116-147
Online Access: Volltext (Pay-per-use)
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Check availability: HBZ Gateway
Keywords:
CRIMINAL justice system
violent offences
absolute risk aversion
minor offence
social loss
Description
Summary:Following a short introduction, consideration is given (section II) to a model, developed by Becker (1968), that attempts to describe the generation of, and optimum punishment for, illegal activity. It is shown that this model has no optimum finite solution for the case where punishment is costless (fines, according to Becker). Possible modifications are then discussed and it is suggested that the notion of retribution is required in order to explain observed penalties.
ISBN:0470013745
DOI:10.1007/978-1-349-02917-4_6