Consider a potential criminal with lawful income of $100, potential loot of $125, a probability of imprisonment of 0.50, and a prison term of 0.51 units of time. Fill the blanks in the following table.

1. The expected utility from crime (equal to _____) is [greater, less] than the

   lawful utility (equal to _____).

2. When we move from Table 133 to this example, the loot [increases,

   decreases] while the prison time [increases, decreases], and the expected utility of crime [increases, decreases] because the change in _____ is large relative to the change in

Consider a potential criminal with lawful income of $100, potential loot of $125, a probability of imprisonment of 0.50, and a prison term of 0.51 units of time. Fill the blanks in the following table. is [greater, less] than the a. The expected utility from crime (equal to lawful utility (equal to _). b. When we move from Table 13-3 to this example, the loot [increases, decreases] while the prison time [increases, decreases], and the expected utility of crime [increases, decreases] because the change in is large relative to the change in Lawful income ($) 100 Loot ($) 125 Probability of prison 0.50 Prison time 0.51 Lawful utility Utility from successful crime Net income Utility Utility from failed crime Prison cost Net income Utility Expected utility from crime (utils) TABLE 13-3 The Expected Utility of Crime Baseline Lawful income ($) 100 Loot ($) 44 Probability of prison Prison time Lawful utility = (lawful income) /2 Utility from successful crime Net income = Legal income + Loot Utility (Net income)/2 Utility from failed crime Prison cost = . prison time legal income Net income Legal income - prison cost Utility = (Net income) /2 Expected utility from crime (utils) 0.5 0.36 10 144 12 36 64 8 10 Higher Probability of Prison 100 44 0.75 0.36 10 144 12 36 64 8 9 Longer Prison Term 100 44 0.5 0.51 10 144 12 51 49 7 9.5 Less Higher Loot Income 100 400 21 44 0.5 0.36 10 121 11 36 64 8 9.5 0.5 0.36 20 444 21 144 256 16 18.5 Lower Probability of Prison 100 44 0.25 0.36 10 144 12 36 64 8 11