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Incentive and Incarceration Effects in a General Equilibrium Model of Crime

Mats Persson and Claes-Henric Siven
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Claes-Henric Siven: Stockholm University, Postal: Stockholm University, S-106 91 Stockholm, Sweden

No 696, Seminar Papers from Stockholm University, Institute for International Economic Studies

Abstract: An intertemporal general equilibrium model of criminal behavior is used to analyze the effect on crime of changing policy parameters. The policy parameters are the length of the prison term, the severity of punishment, and the amount of police resources. The number of crimes in society can be decomposed into an incentive part, an incarceration part, and a crime competition part. The magnitudes of these three components are studied by means of empirical data from England and the US.

Keywords: Crime; General Equilibrium; Incarceration; Incarceration effect (search for similar items in EconPapers)
JEL-codes: K42 (search for similar items in EconPapers)
Pages: 38 pages
Date: 2001-10
New Economics Papers: this item is included in nep-dge and nep-law
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Citations: View citations in EconPapers (1)

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Related works:
Journal Article: Incentive and incarceration effects in a general equilibrium model of crime (2006) Downloads
Working Paper: Incentive and Incarceration Effects in a General Equilibrium Model of Crime (2001) Downloads
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