This chapter contains a non-technical discussion of the basic economic model of criminal behaviour. Variations and more detailed expositions are found elsewhere (Fleisher, 1966; Becker, 1968; Tullock, 1969; Ehrlich, 1973; Sjoquist, 1973).

All economic models of individual decision-making are based on the elementary theory of choice. It is assumed that people make allocative decisions according to certain axioms; anyone who conforms to these axioms is said to be ‘rational’ (Henderson and Quandt, 1971, chap. 2). These axioms imply the existence of an (expected) utility function which is simply a mathematical representation of an individual’s preferences. If the axioms do not

EP - 20 PB - University of Toronto Press PY - 1976 SN - 9780802033345 SP - 13 T2 - Property Crime in Canada T3 - An econometric study UR - http://www.jstor.org/stable/10.3138/j.ctt15jvwjt.6 Y2 - 2021/09/28/ ER -