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Why read it?
1 author picked An Economic Analysis of Crime and Justice as one of their favorite books. Why do they recommend it?
This book applies economic theory and econometric methods to problems in criminology.
It is divided into three parts. Part I discusses models of criminal recidivism. Part II describes the economic model of crime. Part III estimates cost functions for prisons.
Specific chapters cover statistical analysis of qualitative outcomes; analysis of two measures of criminal activity – the arrest rate and the conviction rate; and long-run estimates of cost functions for a group of Federal Correctional Institutions.
From Brian's list on the economics of crime and justice.
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