Economics of Crime and Enforcement, Hardcover, 1 Edition by Yezer, Anthony M.
Hardcover: 1 Edition
Publication Date: 2014-09-18
Hardcover : 368 pages
Edition: 1 Edition
Author: Yezer, Anthony M.
Product Description This text is designed for use in a course on the economics of crime in a variety of settings. Assuming only a previous course in basic microeconomics, this innovative book 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. There are chapters on the following topics: benefit-cost and the imprisonment decision, enforcement games, juvenile crime, private enforcement, economics of 3 strikes law, broken windows strategies, police profiling, and crime in developing countries. There are also separate chapters on guns, drugs, and capital punishment. Timely boxed examples are found throughout. Problems at the end of each chapter allow students to reinforce their microeconomics skills and to gain insight into the way they can be applied to case examples. Review "The economic analysis of crime is a fascinating field, yet one not well represented in the undergraduate economics curriculum. That could change now that Tony Yezer has produced a sophisticated yet accessible textbook for undergraduate economics students. More advanced students and professional economists will also find much to interest them, for there is an engaging blend of theory, case study, history, and data, which all readers will learn from. Especially welcome is Yezer's emphasis on creative and careful methods for testing of hypotheses about crime and punishment." --Edward Coulson, Penn State University "Yezer's approach wisely uses game theoretic modeling, cost-benefit analysis, and supply and demand models to explain the economic theories of crime at a level that is appropriate for the undergraduate target audience. Empirical regularities regarding the American criminal population are woven throughout the book and receive specialized treatments in separate chapters. Yezer does an excellent job explaining to students the statistical challenges that social scientists face in attempting to identify the causal parameters contained in economic models of crime. He discusses the use of structural modeling, quasi experimental methods, and the use of time series graphs--all of which have been used extensively to estimate key policy parameters." --Scott Cunningham, Baylor University "All the content is very important and the salient literature is covered very well by the author. Overall, the book is an important contribution. I will definitely be using it in the economics of crime course I currently teach." --Matthew Manning, School of Criminology and Criminal Justice, Griffith University, Australia About the Author Anthony Yezer is Professor of Economics at George Washington University where he directs the Center for Economic Research.
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