THE ECONOMICS OF CRIME

While the economics of crime is quite well accepted, it is certainly a field that has supplied us with some of the more surprising and the more shocking papers.

It is also the field of probably the most prominent Wackonomist, Steven Levitt (U Chicago).

Some of his more wacky papers include

Winning isn't Everything: Corruption in Sumo Wrestling.
An Economic Analysis of a Drug-Selling Gang's Finances.
The Impact of legalized Abortion on Crime.

Also interesting are:
'An Economic Interpretation of Hate Crime' by Lewis Gale, Carry Heath ,Rand Ressler (U Louisiana at Lafayette)
and
'Allocation of Time and Hateful Behavior: A Theoretical and Positive Analysis of Hate and Hate Crimes' By Marshall Medoff (CA state U, Long Beach). in American Journal of Economics and Sociology, October 1999.

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Updated: April, 2001