The changing returns to crime: do criminals respond to prices?

In economic models of crime individuals respond to changes in the potential value of criminal opportunities. We analyse this issue by estimating crime-price elasticities from detailed data on criminal incidents in London between 2002 and 2012. The unique data feature we exploit is a detailed classif...

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Bibliographic details
Main Author: Draca, Mirko
Koutmeridis, Theodore
Machin, Stephen
Format: Book
Place of publication: Centre for Economic Performance, London School of Economics and Political Science 01.06.2015
Data of publication: 2015-06
Online Access: available in Bonn?
Database: LSE Research Online
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