abstract: 'We develop a model of crime in which the number of police, the crime

  rate, the arrest rate, the employment rate, and the wage rate are joint

  outcomes of a subgame perfect Nash equilibrium. The local government

  chooses the size of its police force and citizens choose among work,

  home, and crime alternatives. We estimate the model using metropolitan

  statistical area (MSA)-level data. We use the estimated model to examine

  the effects on crime of targeted federal transfers to local governments

  to increase police. We find that knowledge about unobserved MSA-specific

  attributes is critical for the optimal allocation of police across

  MSA''s.'
affiliation: 'Fu, C (Corresponding Author), Univ Wisconsin, Madison, WI 53706 USA.

  Fu, Chao, Univ Wisconsin, Madison, WI 53706 USA.

  Wolpin, Kenneth, I, Rice Univ, Houston, TX 77251 USA.

  Wolpin, Kenneth, I, Univ Penn, Philadelphia, PA 19104 USA.'
author: Fu, Chao and Wolpin I, Kenneth
author_list:
- family: Fu
  given: Chao
- family: Wolpin I
  given: Kenneth
da: '2023-09-28'
doi: 10.1093/restud/rdx068
eissn: 1467-937X
files: []
issn: 0034-6527
journal: REVIEW OF ECONOMIC STUDIES
keywords: Crime; Multiple equilibria; Estimation; Efficient police allocation
keywords-plus: 'SEARCH MODEL; EDUCATION; MARKET; IDENTIFICATION; UNEMPLOYMENT;

  DETERRENCE; PUNISHMENT; INEQUALITY; DROPOUT; SCHOOL'
language: English
month: OCT
number: '4'
number-of-cited-references: '50'
pages: 2097-2138
papis_id: 30c4d73aa144e35eaee28c37f60b5cbd
ref: Fu2018structuralestimation
times-cited: '13'
title: 'Structural Estimation of a Becker-Ehrlich Equilibrium Model of Crime: Allocating
  Police Across Cities to Reduce Crime'
type: Article
unique-id: WOS:000446103800005
usage-count-last-180-days: '0'
usage-count-since-2013: '26'
volume: '85'
web-of-science-categories: Economics
year: '2018'