2nd Edition

Economics of Crime and Enforcement

By Anthony M. Yezer Copyright 2025
428 Pages 66 B/W Illustrations
by Routledge

428 Pages 66 B/W Illustrations
by Routledge

428 Pages 66 B/W Illustrations
by Routledge

Assuming only a previous course in basic microeconomics, Economics of Crime and Enforcement is an innovative book which is strongly linked to the new theoretical and empirical journal literature. Showing the power of microeconomics in action, Yezer covers a wide array of topics, including benefit–cost and the imprisonment decision, enforcement games, juvenile crime, private enforcement,... Read more

Introduction. Part I Fundamental Economics of Crime and Enforcement 1. The Economic Rationale for the Criminal Law 2. Benefit/Cost Analysis of the Enforcement Decision 3. Measuring the Amount and Cost of Crime Part II Applying Economic Theory to Crime 4. The Market for “Victimless” Crime 5. The Market for Crime with Victims 6. Risk Preferences and the Supply of Offenses 7. The State Preference Model and the Economics of Tax Evasion 8. Modeling Neighborhood Crime and Self-Enforcement 9. Enforcement Games Part III Use of Statistical Analysis in Research on Crime 10. Behavioral Economics and Crime 11. Statistical Problems in Testing Models of Crime Part IV Economics of Specific Enforcement Issues 12. Implicit Market Measures of the Benefits of Crime Control 13. Economics of Incarceration: Deterrence and Incapacitation 14. Economics of Three-Strikes Legislation 15. Juvenile Crime 16. Neighborhood Gangs 17. Economic Effects of Private Enforcement 18. The Broken Windows Hypothesis 19. Crime and Economic Development 20. Guns and Crime 21. Drugs and Crime 22. Economics of Profiling and Prediction 23. The Special Case of Murder.

Biography

Anthony M. Yezer is Professor of Economics at The George Washington University. He holds a Ph.D. from M.I.T., an MSc. from the London School of Economics, and a B.A. from Dartmouth College.