International audienceCrime is the result of a rational distinctive balance between the benefits and costs of an illegal act. This idea was proposed by Becker more than forty years ago (Becker (1968) [1]). In this paper, we simulate a simple artificial society, in which agents earn fixed wages and can augment (or lose) wealth as a result of a successful (or not) act of crime. The probability of apprehension depends on the gravity of the crime, and the punishment takes the form of imprisonment and fines. We study the costs of the law enforcement system required for keeping crime within acceptable limits, and compare it with the harm produced by crime. A sharp phase transition is observed as a function of the probability of punishment, and th...
Economic analyses of both crime and regulation writ large suggest that the subjective cost or value ...
A general result of the literature on crime and punishment is that imprisonment is not optimal if fi...
A general result of the literature on crime and punishment is that imprisonment is not optimal if fi...
AbstractCrime is the result of a rational distinctive balance between the benefits and costs of an i...
AbstractCrime is the result of a rational distinctive balance between the benefits and costs of an i...
Submitted to European Phys. J. BInternational audienceCrime is an economically important activity, s...
Submitted to European Phys. J. BInternational audienceCrime is an economically important activity, s...
Crime is an economically relevant activity. It may represent a mechanism of wealth distribution but ...
Abstract. Crime is an economically relevant activity. It may represent a mechanism of wealth distrib...
Abstract. We analyze the interplay between economic incentives and social norms when individuals dec...
The idea that severe penalties effectively deter crime is at the core of theoretical work on crime a...
The economic literature on crime and punishment focuses on the trade-off between probability and sev...
The economic literature on crime and punishment focuses on the trade-off between probability and sev...
The economic literature on crime and punishment focuses on the trade-off between probability and sev...
Economic analyses of both crime and regulation writ large suggest that the subjective cost or value ...
Economic analyses of both crime and regulation writ large suggest that the subjective cost or value ...
A general result of the literature on crime and punishment is that imprisonment is not optimal if fi...
A general result of the literature on crime and punishment is that imprisonment is not optimal if fi...
AbstractCrime is the result of a rational distinctive balance between the benefits and costs of an i...
AbstractCrime is the result of a rational distinctive balance between the benefits and costs of an i...
Submitted to European Phys. J. BInternational audienceCrime is an economically important activity, s...
Submitted to European Phys. J. BInternational audienceCrime is an economically important activity, s...
Crime is an economically relevant activity. It may represent a mechanism of wealth distribution but ...
Abstract. Crime is an economically relevant activity. It may represent a mechanism of wealth distrib...
Abstract. We analyze the interplay between economic incentives and social norms when individuals dec...
The idea that severe penalties effectively deter crime is at the core of theoretical work on crime a...
The economic literature on crime and punishment focuses on the trade-off between probability and sev...
The economic literature on crime and punishment focuses on the trade-off between probability and sev...
The economic literature on crime and punishment focuses on the trade-off between probability and sev...
Economic analyses of both crime and regulation writ large suggest that the subjective cost or value ...
Economic analyses of both crime and regulation writ large suggest that the subjective cost or value ...
A general result of the literature on crime and punishment is that imprisonment is not optimal if fi...
A general result of the literature on crime and punishment is that imprisonment is not optimal if fi...