@inbook{10.3138/j.ctt15jvwjt.6,
ISBN = {9780802033345},
URL = {http://www.jstor.org/stable/10.3138/j.ctt15jvwjt.6},
abstract = {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},
bookauthor = {Kenneth L. Avio and C. Scott Clark},
booktitle = {Property Crime in Canada: An econometric study},
pages = {13--20},
publisher = {University of Toronto Press},
title = {The economic model of crime},
year = {1976}
}