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Uncertainty and heuristics in offender decision-making: Deviations from rational choice

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  • Rossmo, D. Kim
  • Summers, Lucia

Abstract

Using perspectives from prospect theory and behavioral economics, we explore examples of offender decision-making that appear inconsistent with rational choice and expected utility theories.

Suggested Citation

  • Rossmo, D. Kim & Summers, Lucia, 2022. "Uncertainty and heuristics in offender decision-making: Deviations from rational choice," Journal of Criminal Justice, Elsevier, vol. 81(C).
    • Handle: RePEc:eee:jcjust:v:81:y:2022:i:c:s0047235222000435
    DOI: 10.1016/j.jcrimjus.2022.101923
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    References listed on IDEAS

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    1. Gary S. Becker, 1974. "Crime and Punishment: An Economic Approach," NBER Chapters, in: Essays in the Economics of Crime and Punishment, pages 1-54, National Bureau of Economic Research, Inc.
    2. Gigerenzer, Gerd & Todd, Peter M. & ABC Research Group,, 2000. "Simple Heuristics That Make Us Smart," OUP Catalogue, Oxford University Press, number 9780195143812, Decembrie.
    3. Shawn D. Bushway & Emily G. Owens, 2013. "Framing Punishment: Incarceration, Recommended Sentences, and Recidivism," Journal of Law and Economics, University of Chicago Press, vol. 56(2), pages 301-331.
    4. Daniel Kahneman & Amos Tversky, 2013. "Prospect Theory: An Analysis of Decision Under Risk," World Scientific Book Chapters, in: Leonard C MacLean & William T Ziemba (ed.), HANDBOOK OF THE FUNDAMENTALS OF FINANCIAL DECISION MAKING Part I, chapter 6, pages 99-127, World Scientific Publishing Co. Pte. Ltd..
    5. Schoemaker, Paul J H, 1982. "The Expected Utility Model: Its Variants, Purposes, Evidence and Limitations," Journal of Economic Literature, American Economic Association, vol. 20(2), pages 529-563, June.
    Full references (including those not matched with items on IDEAS)

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