Download This PaperSubstitution Among Crimes and the Question of Deterrence: An Indirect Utility Function Approach to the Supply of Legal and Illegal Activity
ECONOMIC MODELS OF CRIMINAL BEHAVIOR, John Heineke, ed., North-Holland Publishing Company, 1978
58 Pages Posted: 11 Aug 2011
Date Written: 1978
Abstract
In this paper we estimate a system of supply functions for income generating criminal activities. Our interest lies in determining the degree of substitutability or complementarily which exists between these alternative sources of income and in assessing the “net” system-wide response of participation rates in the several activities as expected returns and costs vary.
Suggested Citation: Suggested Citation
Heineke, John M, Substitution Among Crimes and the Question of Deterrence: An Indirect Utility Function Approach to the Supply of Legal and Illegal Activity (1978). ECONOMIC MODELS OF CRIMINAL BEHAVIOR, John Heineke, ed., North-Holland Publishing Company, 1978, Available at SSRN: https://ssrn.com/abstract=1866359
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