Skip to main content
  • 598 Accesses

Abstract

Economics examines crime as a special case of maximising behaviour. The literature has developed separately from the economic analysis of law as a part of mainstream applied economics, as economists have mostly concerned themselves, as does this chapter, with the economics of criminal deterrence. We examine deterrence hypotheses, empirical tests of deterrence, other influences on crime such as unemployment, and distinctions between violent and non-violent crime.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 39.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book
USD 54.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  • Becker, G. (1968) ‘Crime and Punishment: an Economic Approach’, Journal of Political Economy, 76, pp. 169–217.

    Article  Google Scholar 

  • Blumstein, A. and Nagin, D. (1977) ‘A Stronger Test of the Deterrence Hypothesis’, Stanford Law Review, 29, pp. 241–76.

    Article  Google Scholar 

  • Buchanan, C. and Hartley, P. R. (1992) Criminal Choice: The Economic Theory of Crime and its Implications for Crime Control, Policy Monograph 24 (St Leonards, New South Wales: Centre for Independent Studies).

    Google Scholar 

  • Cameron, S. (1988) ‘Economics of Crime Deterrence’, Kyklos, 41, pp. 301–23.

    Article  Google Scholar 

  • Carr-Hill, R. and Stern, N. H. (1979) Crime, the Police and Criminal Statistics (New York: Academic Press).

    Google Scholar 

  • Cook, P. J. and Zarkin, G. A. (1985) ‘Crime and the Business Cycle’, Journal of Legal Studies, 14, pp. 115–28.

    Article  Google Scholar 

  • Deadman, D. F. and Pyle, D. J. (1993) ‘The Effect of the Abolition of Capital Punishment in Gt Britain: an Application of Intervention Analysis’, Journal of Applied Statistics, 20, pp. 191–206.

    Article  Google Scholar 

  • Dnes, A. (1996) Economics of Law (London: International Thompson Press).

    Google Scholar 

  • Ehrlich, I. (1973) ‘Participation in Illegitimate Activities: a Theoretical and Empirical Investigation’, Journal of Political Economy, 81, pp. 521–64.

    Article  Google Scholar 

  • —, (1975) ‘The Deterrent Effect of Capital Punishment: a Question of Life and Death’, American Economic Review, 65, pp. 397–47.

    Google Scholar 

  • —, (1977) ‘Capital Punishment and Deterrence: some Further Thoughts’, Journal of Political Economy, 85, pp. 741–88.

    Article  Google Scholar 

  • Field, S. (1990) ‘Trends in Crime and their Interpretation’, Home Office Research Paper 119 (London: HMSO).

    Google Scholar 

  • Learner, E. F. (1983) ‘Let’s Take the Con out of Econometrics’, American Economic Review, 23, pp. 31–43.

    Google Scholar 

  • Lempert, R. (1981) ‘Desert and Deterrence: an Assessment of the Moral Bases of the Case for Capital Punishment’, Michigan Law Review, 79, pp. 1177–1231.

    Article  Google Scholar 

  • Murray, C. A. and Cox, L. A. (1979) Beyond Probation: Juvenile Corrections and the Chronic Offender (Beverly Hills: Sage)

    Google Scholar 

  • Nagin, D. S. (1998) ‘Criminal Deterrence Research at the Outset of the Twenty-first Century’, Crime and Justice: A Review of Research, 23, pp. 1–42.

    Article  Google Scholar 

  • Passell, P. and Taylor, J. B. (1977) ‘The Deterrence Effect of Capital Punishment’, American Economic Review, 67, pp. 445–51.

    Google Scholar 

  • Posner, R. A. (1985) ‘An Economic Theory of Criminal Law’, Columbia Law Review, 85, pp. 1193–1231.

    Article  Google Scholar 

  • Pyle, D.J. (1983) The Economics of Crime and Law Enforcement (London: Macmillan).

    Book  Google Scholar 

  • —, (1989) ‘Economics of Crime in Britain’, Economic Affairs, 9, pp. 6–9.

    Article  Google Scholar 

  • —, (1993) ‘An Economist Looks at Crime in Britain’. Paper given to the European Policy Forum/Social Market Fund.

    Google Scholar 

  • —, and Deadman, D. F. (1994) ‘Crime and Unemployment in Scotland: some Further Results’, Scottish Journal of Political Economy, 41, pp. 314–24.

    Article  Google Scholar 

  • Reilly, B. and Witt, R. (1992) ‘Crime and Unemployment in Scotland: an Econometric Analysis Using Regional Data’, Scottish Journal of Political Economy, 39, pp. 13–28.

    Article  Google Scholar 

  • Shavell, S. (1985) ‘Criminal Law and the Optimal Use of Non-monetary Sanctions as a Deterrent’, Columbia Law Review, 85, pp. 1232–62.

    Article  Google Scholar 

  • —, (1993) ‘The Optimal Structure of Law Enforcement’, Journal of Law and Economics, 36, pp. 255–87.

    Article  Google Scholar 

  • Tullock G. (1968) ‘The Welfare Costs of Tariffs, Monopoly and Theft’, Western Economic Journal, 5, pp. 224–32.

    Google Scholar 

  • Walmsely, J. (1986) ‘Personal Violence’, Home Office Research Paper 89, London: HMSO.

    Google Scholar 

  • Willis, K. (1983) ‘Spatial Variations in Crime in England and Wales’, Regional Studies, 17, pp. 261–72.

    Article  Google Scholar 

  • Wilson, J. and Herrnstein, R. (1985) Crime and Human Nature (New York: Simon and Schuster).

    Google Scholar 

  • Withers, G. (1984) ‘Crime, Punishment and Deterrence in Australia: an Empirical Investigation’, Economic Record, 60, pp. 176–85.

    Article  Google Scholar 

  • Witte, A. (1980) ‘Estimating the Economic Model of Crime with Individual Data’, Quarterly Journal of Economics, 94, pp. 57–84.

    Article  Google Scholar 

  • Wolpin, K. (1978a) ‘An Economic Analysis of Crime and Punishment in England and Wales, 1894–1967’, Journal of Political Economy, 86, pp. 815–40.

    Article  Google Scholar 

  • —, (1978b) ‘Capital Punishment and Homicide: the English experience’, American Economic Review, 68, pp. 422–427.

    Google Scholar 

Download references

Authors

Editor information

Editors and Affiliations

Copyright information

© 2000 Palgrave Macmillan, a division of Macmillan Publishers Limited

About this chapter

Cite this chapter

Dnes, A.W. (2000). The Economics of Crime. In: Fielding, N.G., Clarke, A., Witt, R. (eds) The Economic Dimensions of Crime. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-62853-7_3

Download citation

  • DOI: https://doi.org/10.1007/978-1-349-62853-7_3

  • Publisher Name: Palgrave Macmillan, London

  • Print ISBN: 978-1-349-62855-1

  • Online ISBN: 978-1-349-62853-7

  • eBook Packages: Palgrave History CollectionHistory (R0)

Publish with us

Policies and ethics