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Crime timing

Author

Listed:
  • Christian At

    (Universite de Franche Comte, CRESE)

  • Nathalie Chappe

    (Universite de Franche Comte, CRESE)

Abstract

This note develops a dynamic model of crime that determines the conditions under which it is optimal for a criminal to delay commission of a crime rather than committing it immediately. It also examines the optimal enforcement strategy in this context. We derive two results. The first is that it might be optimal to postpone a crime that is profitable now if its benefit increase quickly enough in the future and that a crime that is not yet optimal might become so in the future. The second is that it is optimal to underdeter crime.

Suggested Citation

  • Christian At & Nathalie Chappe, 2005. "Crime timing," Economics Bulletin, AccessEcon, vol. 11(2), pages 1-7.
    • Handle: RePEc:ebl:ecbull:eb-05k40003
    as

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    File URL: http://www.accessecon.com/pubs/EB/2005/Volume11/EB-05K40003A.pdf
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    References listed on IDEAS

    as
    1. Peter-Jan Engelen, 2004. "Criminal Behavior: A Real Option Approach With an Application to Restricting Illegal Insider Trading," European Journal of Law and Economics, Springer, vol. 17(3), pages 329-352, May.
    2. Davis, Michael L, 1988. "Time and Punishment: An Intertemporal Model of Crime," Journal of Political Economy, University of Chicago Press, vol. 96(2), pages 383-390, April.
    3. repec:bla:jecsur:v:11:y:1997:i:3:p:267-95 is not listed on IDEAS
    4. Baik, Kyung Hwan & Kim, In-Gyu, 2001. "Optimal punishment when individuals may learn deviant values," International Review of Law and Economics, Elsevier, vol. 21(3), pages 271-285, September.
    5. Steven Shavell & A. Mitchell Polinsky, 2000. "The Economic Theory of Public Enforcement of Law," Journal of Economic Literature, American Economic Association, vol. 38(1), pages 45-76, March.
    6. Nuno Garoupa, 1997. "The Theory of Optimal Law Enforcement," Journal of Economic Surveys, Wiley Blackwell, vol. 11(3), pages 267-295, September.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Eric LANGLAIS, 2009. "Deterrence Of A Criminal Team: How To Rely On Its Members' Short Comings ?," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 4(1(7)_ Spr).

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    More about this item

    JEL classification:

    • K4 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior

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