Crime, Education and Peer Pressure

Paolo Buonanno

No 64, Working Papers from University of Milano-Bicocca, Department of Economics

Abstract: We present a dynamic two-period model of individual behaviour with heterogeneous agents in which individuals decide how to allocate their disposable time between education, crime and work in the legal sector. Education has a multiple role: it implies higher expected wages in the legal sector, increasing the opportunity cost of committing crime and it has a sort of “civilization” effect that makes more costly to engage in criminal activities. We model this effect by introducing a peer pressure function.

Keywords: Crime; Education; Peer Pressure (search for similar items in EconPapers)
JEL-codes: I2 J24 K42 (search for similar items in EconPapers)
Pages: 19 pages
Date: 2003-11, Revised 2003-11
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Crime, Education and Peer Pressure (2006)
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