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来源类型Working Paper
规范类型报告
DOI10.3386/w11491
来源IDWorking Paper 11491
Crime, Punishment, and Myopia
David S. Lee; Justin McCrary
发表日期2005-07-18
出版年2005
语种英语
摘要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.
主题Microeconomics ; Behavioral Economics ; Other ; Law and Economics
URLhttps://www.nber.org/papers/w11491
来源智库National Bureau of Economic Research (United States)
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条目标识符http://119.78.100.153/handle/2XGU8XDN/569134
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David S. Lee,Justin McCrary. Crime, Punishment, and Myopia. 2005.
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