Crime, punishment, and myopia
"Economic theory predicts that increasing the severity of punishments will deter criminal behavior by raising the expected price of committing crime. This implicit price can be substantially raised by making prison sentences longer, but only if offenders' discount rates are relatively low....
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| Hauptverfasser: | , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Cambridge, Mass.
National Bureau of Economic Research
2005
|
| Schriftenreihe: | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series
11491 |
| Schlagworte: | |
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| 490 | 1 | |a National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |v 11491 | |
| 520 | 3 | |a "Economic theory predicts that increasing the severity of punishments will deter criminal behavior by raising the expected price of committing crime. This implicit price can be substantially raised by making prison sentences longer, but only if offenders' discount rates are relatively low. We use a large sample of felony arrests to measure the deterrence effect of criminal sanctions. We exploit the fact that young offenders are legally treated as adults--and face longer lengths of incarceration--the day they turn 18. Sufficiently patient individuals should therefore significantly lower their offending rates immediately upon turning 18. The small behavioral responses that we estimate suggest that potential offenders are extremely impatient, myopic, or both"--National Bureau of Economic Research web site. | |
| 650 | 4 | |a Ökonometrisches Modell | |
| 650 | 4 | |a Prison sentences | |
| 650 | 4 | |a Punishment in crime deterrence |x Econometric models | |
| 700 | 1 | |a McCrary, Justin |e Verfasser |0 (DE-588)130561010 |4 aut | |
| 776 | 0 | 8 | |i Erscheint auch als |n Online-Ausgabe |
| 830 | 0 | |a National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |v 11491 |w (DE-604)BV002801238 |9 11491 | |
| 856 | 4 | 1 | |u http://papers.nber.org/papers/w11491.pdf |z kostenfrei |3 Volltext |
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Datensatz im Suchindex
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| author | Lee, David S. 1972- McCrary, Justin |
| author_GND | (DE-588)12933765X (DE-588)130561010 |
| author_facet | Lee, David S. 1972- McCrary, Justin |
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| author_sort | Lee, David S. 1972- |
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| format | Book |
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| id | DE-604.BV023591592 |
| illustrated | Illustrated |
| indexdate | 2024-12-23T21:18:25Z |
| institution | BVB |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-016906922 |
| oclc_num | 61213896 |
| open_access_boolean | 1 |
| owner | DE-521 DE-19 DE-BY-UBM |
| owner_facet | DE-521 DE-19 DE-BY-UBM |
| physical | 38, [18] S. graph. Darst. |
| publishDate | 2005 |
| publishDateSearch | 2005 |
| publishDateSort | 2005 |
| publisher | National Bureau of Economic Research |
| record_format | marc |
| series | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| series2 | National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series |
| spelling | Lee, David S. 1972- Verfasser (DE-588)12933765X aut Crime, punishment, and myopia David S. Lee ; Justin McCrary Cambridge, Mass. National Bureau of Economic Research 2005 38, [18] S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11491 "Economic theory predicts that increasing the severity of punishments will deter criminal behavior by raising the expected price of committing crime. This implicit price can be substantially raised by making prison sentences longer, but only if offenders' discount rates are relatively low. We use a large sample of felony arrests to measure the deterrence effect of criminal sanctions. We exploit the fact that young offenders are legally treated as adults--and face longer lengths of incarceration--the day they turn 18. Sufficiently patient individuals should therefore significantly lower their offending rates immediately upon turning 18. The small behavioral responses that we estimate suggest that potential offenders are extremely impatient, myopic, or both"--National Bureau of Economic Research web site. Ökonometrisches Modell Prison sentences Punishment in crime deterrence Econometric models McCrary, Justin Verfasser (DE-588)130561010 aut Erscheint auch als Online-Ausgabe National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series 11491 (DE-604)BV002801238 11491 http://papers.nber.org/papers/w11491.pdf kostenfrei Volltext |
| spellingShingle | Lee, David S. 1972- McCrary, Justin Crime, punishment, and myopia National Bureau of Economic Research <Cambridge, Mass.>: NBER working paper series Ökonometrisches Modell Prison sentences Punishment in crime deterrence Econometric models |
| title | Crime, punishment, and myopia |
| title_auth | Crime, punishment, and myopia |
| title_exact_search | Crime, punishment, and myopia |
| title_full | Crime, punishment, and myopia David S. Lee ; Justin McCrary |
| title_fullStr | Crime, punishment, and myopia David S. Lee ; Justin McCrary |
| title_full_unstemmed | Crime, punishment, and myopia David S. Lee ; Justin McCrary |
| title_short | Crime, punishment, and myopia |
| title_sort | crime punishment and myopia |
| topic | Ökonometrisches Modell Prison sentences Punishment in crime deterrence Econometric models |
| topic_facet | Ökonometrisches Modell Prison sentences Punishment in crime deterrence Econometric models |
| url | http://papers.nber.org/papers/w11491.pdf |
| volume_link | (DE-604)BV002801238 |
| work_keys_str_mv | AT leedavids crimepunishmentandmyopia AT mccraryjustin crimepunishmentandmyopia |