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Review of Law & Economics

Editor-in-Chief: Parisi, Francesco / Engel, Christoph

Ed. by Cooter, Robert D. / Gómez Pomar, Fernando / Kornhauser, Lewis A. / Parchomovsky, Gideon / Franzoni, Luigi Alberto


CiteScore 2018: 0.32

SCImago Journal Rank (SJR) 2018: 0.274
Source Normalized Impact per Paper (SNIP) 2018: 0.493

Online
ISSN
1555-5879
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Volume 8, Issue 2

Issues

Beyond the State of Nature: Introducing Social Interactions in the Economic Model of Crime

Joël van der Weele
Published Online: 2012-10-05 | DOI: https://doi.org/10.1515/1555-5879.1551

Abstract

The standard economic model of crime emphasizes the individual rationality and agency of criminals, while sociological theories typically emphasize the importance of social forces. This essay surveys a recent strand of literature on law enforcement that bridges these two approaches. Using the tools of game theory, it investigates crime as the outcome of the interaction between rational individuals. The survey shows that this analysis leads to a substantially richer set of hypotheses regarding the effect of enforcement than the standard economic model, depending on the classification of the social context, or game, in which agents operate. In doing so, it brings rational choice theories in line with long-standing insights in the field of criminology, as well as providing new analytical distinctions and generalizations.

About the article

Published Online: 2012-10-05


Citation Information: Review of Law & Economics, Volume 8, Issue 2, Pages 401–432, ISSN (Online) 1555-5879, DOI: https://doi.org/10.1515/1555-5879.1551.

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©2012 Walter de Gruyter GmbH & Co. KG, Berlin/Boston.Get Permission

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