Monday , June 21 2021
Home / Managerial Econ / Do criminals respond to incentives?

Do criminals respond to incentives?

Summary:
At least in Minneapolis they do.I am old enough to remember the debate (late 1980's at the Sentencing Commission) about whether punishment deters crime.  Some criminologists mocked the economic model of crime which assumes that criminals respond optimally, rationally and self-interestedly to the incentives created by expected punishment (the probability of being caught and convicted times the punishment if convicted).  The policy implication was clear:  increase the expected penalty to reduce crime, called "deterrence."It looks as if Minneapolis has run an experiment to test the deterrence hypothesis (defund the police==>lower probability of being caught==>lower expected penality==>more crime).  The experiment took less than a year to complete, and they seem to have learned something from

Topics:
(Luke Froeb) considers the following as important: ,

This could be interesting, too:

(Luke Froeb) writes How do you align the incentives of sea captains transporting criminals to Australia with those of British public (1800’s)?

(Luke Froeb) writes Do criminals respond to incentives? (II)

(Luke Froeb) writes Agile Software Development

(Luke Froeb) writes A Simple App to Teach Regression

At least in Minneapolis they do.

Do criminals respond to incentives?

I am old enough to remember the debate (late 1980's at the Sentencing Commission) about whether punishment deters crime.  Some criminologists mocked the economic model of crime which assumes that criminals respond optimally, rationally and self-interestedly to the incentives created by expected punishment (the probability of being caught and convicted times the punishment if convicted).  The policy implication was clear:  increase the expected penalty to reduce crime, called "deterrence."

It looks as if Minneapolis has run an experiment to test the deterrence hypothesis (defund the police==>lower probability of being caught==>lower expected penality==>more crime).  The experiment took less than a year to complete, and they seem to have learned something from it.   

HT:  Instapundit.com

Leave a Reply

Your email address will not be published. Required fields are marked *