Economics of crime and security: policies and evaluation methods

This course introduces students to the economic, quantitative analysis of crime and crime control policies. Crime imposes substantial costs to individuals and society, and “fighting crime” ranks high in the policy agenda of most countries. At the same time, strategies for crime prevention are among the most controversially and fiercely debated areas of public policy. Starting with Garry Becker’s Nobel Prize winning work on the rational choice model of crime, economists have contributed to this debate by providing an analytical framework and, most importantly, advanced empirical methods to evaluate different crime prevention policies. The course covers a broad set of topics from this strand of research. It discusses, among others, the deterrent effect of policing, the role of peer effects and socialization on crime (“neighbourhood effects”), as well as topics related to migration. All questions will be approached with state-of-the-art empirical methods that are widely used in the quantitative analysis of policy impact.

This course is for 2nd year MIA and MPP students only.

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