Book/Printed Material Crime, punishment, and myopia

Title

• Crime, punishment, and myopia

Summary

• "Economic theory predicts that increasing the severity of punishments will deter criminal behavior by raising the expected price of committing crime. This implicit price can be substantially raised by making prison sentences longer, but only if offenders' discount rates are relatively low. We use a large sample of felony arrests to measure the deterrence effect of criminal sanctions. We exploit the fact that young offenders are legally treated as adults--and face longer lengths of incarceration--the day they turn 18. Sufficiently patient individuals should therefore significantly lower their offending rates immediately upon turning 18. The small behavioral responses that we estimate suggest that potential offenders are extremely impatient, myopic, or both"--National Bureau of Economic Research web site.

Names

• Lee, David S.
• McCrary, Justin
• National Bureau of Economic Research

Created / Published

• Cambridge, MA : National Bureau of Economic Research, c2005.

Headings

• -  Criminal behavior
• -  Economic man
• -  Punishment in crime deterrence
• -  Recidivism

Notes

• -  Title from PDF file as viewed on 7/22/2005.
• -  Includes bibliographical references.
• -  Also available in print.
• -  Mode of access: World Wide Web.
• -  System requirements: Adobe Acrobat Reader.

Call Number/Physical Location

• HB1

Digital Id

• https://hdl.loc.gov/loc.gdc/gdcebookspublic.2005618429
• http://papers.nber.org/papers/w11491 External

Library of Congress Control Number

• 2005618429

Access Advisory

• Unrestricted online access

Online Format

• image
• pdf

LCCN Permalink

• https://lccn.loc.gov/2005618429

Additional Metadata Formats

• MARCXML Record
• MODS Record
• Dublin Core Record