Estimating the Economic Model of Crime with Individual Data
基于北卡罗来纳州监狱释放人员数据，估计犯罪经济模型，发现惩罚的确定性和严厉性均能抑制犯罪，且确定性对轻微犯罪者影响更大，严厉性对人身犯罪者影响更大。
The paper develops a variant of the economic model of crime. The model developed is estimated using information on the post-release activities of a sample of men released from the North Carolina prison system. Both the expected certainty and severity of punishment are found to deter criminal activity in a number of instances and a 1 percent increase in certainty is generally found to have a greater effect than a similar increase in severity. Certainty of punishment is found to have a greater effect for relatively minor offenders and severity for persons offenders. While higher legal wages are found to deter, their effect is quite weak.