Fundamental Literature · 1968

Questions of This Material

How do policies that change the magnitude of sanctions and the likelihood of detection respectively affect behavior and enforcement costs?

Bibliographic Information

Title
Crime and Punishment: An Economic Approach
Author
Gary S. Becker
Year of Publication
1968
Publisher/Medium
Journal of Political Economy 76(2), 169–217
Material Type
Foundational literature
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Korean Reading Guide

This analysis views crime and punishment through incentives for behavior, detection probability, and social costs. Consider what the model aims to explain and distinguish the empirical evidence and evaluation criteria needed when applying to actual policy.

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