2023-09-28 14:46:10 +00:00
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abstract: 'We develop a model of crime in which the number of police, the crime
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rate, the arrest rate, the employment rate, and the wage rate are joint
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outcomes of a subgame perfect Nash equilibrium. The local government
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chooses the size of its police force and citizens choose among work,
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home, and crime alternatives. We estimate the model using metropolitan
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statistical area (MSA)-level data. We use the estimated model to examine
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the effects on crime of targeted federal transfers to local governments
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to increase police. We find that knowledge about unobserved MSA-specific
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attributes is critical for the optimal allocation of police across
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MSA''s.'
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affiliation: 'Fu, C (Corresponding Author), Univ Wisconsin, Madison, WI 53706 USA.
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Fu, Chao, Univ Wisconsin, Madison, WI 53706 USA.
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Wolpin, Kenneth, I, Rice Univ, Houston, TX 77251 USA.
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Wolpin, Kenneth, I, Univ Penn, Philadelphia, PA 19104 USA.'
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author: Fu, Chao and Wolpin I, Kenneth
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author_list:
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- family: Fu
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given: Chao
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- family: Wolpin I
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given: Kenneth
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da: '2023-09-28'
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doi: 10.1093/restud/rdx068
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eissn: 1467-937X
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files: []
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issn: 0034-6527
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journal: REVIEW OF ECONOMIC STUDIES
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keywords: Crime; Multiple equilibria; Estimation; Efficient police allocation
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keywords-plus: 'SEARCH MODEL; EDUCATION; MARKET; IDENTIFICATION; UNEMPLOYMENT;
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DETERRENCE; PUNISHMENT; INEQUALITY; DROPOUT; SCHOOL'
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language: English
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month: OCT
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number: '4'
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number-of-cited-references: '50'
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pages: 2097-2138
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papis_id: 30c4d73aa144e35eaee28c37f60b5cbd
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ref: Fu2018structuralestimation
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times-cited: '13'
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title: 'Structural Estimation of a Becker-Ehrlich Equilibrium Model of Crime: Allocating
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Police Across Cities to Reduce Crime'
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2023-10-01 08:15:07 +00:00
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type: article
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2023-09-28 14:46:10 +00:00
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unique-id: WOS:000446103800005
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usage-count-last-180-days: '0'
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usage-count-since-2013: '26'
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volume: '85'
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web-of-science-categories: Economics
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year: '2018'
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