Gary Becker’s Microeconomic Theory of Crime
Keywords:
incentives, rationality, crime, politics, justiceAbstract
This article presents some contributions from the Nobel Prize winner in economics Gary Becker (1992), who studied the economic incentives that can cause varying degrees of regulatory noncompliance. According to Becker (1971), whoever chooses criminal behaviors assigns, based on their opportunity costs, a differentiated price to each crime. This article presents some applications of microeconomics to a highly relevant social problem: crime.
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