Question
An Economic Model of Criminal Behavior 1) What are some public policies that society might be able to implement if it wants to increase the
An Economic Model of Criminal Behavior 1) What are some public policies that society might be able to implement if it wants to increase the potential criminal's cost of committing a crime? What impact would this have on the supply of crime? 2) An increase in the price that a motor vehicle thief can obtain from selling a car will always entice the thief to steal more cars. Is this a correct statement?
4) At mid-year 2000 the national unemployment rate was 3.9%, a thirty year low. In 1992, the rate was 7.5%. Based on this what would you expect to be happening to crime nationwide and why? How does this compare to what's actually happened in crime trends?
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