{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Urban 11-16 - Urban Economics Lecture 11-16 Crime(continued...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Urban Economics Lecture 11-16 Crime: (continued) 1-Victims 2-Police 3-Incarceration 4-Other incapacitation Police: 1-Reduce offender curve? 2-Reduce index crime? 3-Arrest rate matters (elasticity= E= -.2, -.4) 4-Other stuff matters too 5- Community matters shows that something about what police do, reduces index crime cost-benefit analysis by a benefit, how likely am I to be caught? what happens if I get caught? Deterrence = probability of punishment (certainty) x cost of punishment to criminal (severity) Deterrence= certainty x severity increasing either certainty or severity increases the deterrence, less likely to do it police mainly operate on this function elasticity of certainty is greater than elasticity of severity higher arrest rate, shows lower crime rates, certainty matters some methods of police are more effective than others directed patrol, police sent into "hot spots" cracking down on minor crimes to reduce major crimes does not really work community matters: need witnesses Incarceration:
Image of page 1

Info icon This preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern