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
Subjects:	HC Economic History and Conditions HV Social pathology. Social and public welfare. Criminology
Online Access:	available in Bonn?
Database:	LSE Research Online Database information Databases - DBIS