The allocation of time to crime: A simple diagrammatical exposition
Gideon Yaniv ()
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Gideon Yaniv: COM Academic Studies
Economics Bulletin, 2009, vol. 29, issue 1, 457-464
Abstract:
In his seminal article on the allocation of time to crime, Isaac Ehrlich (1973) derives five interesting theoretical results. He uses a state-preference diagram to derive one result, retreating to mathematics for deriving the remaining four results. This note shows that all five results can easily be derived from an alternative and simpler diagrammatical exposition that involves intersection of curves rather than tangency between curves.
JEL-codes: K4 (search for similar items in EconPapers)
Date: 2009-03-27
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