Forthcoming article "Socially Optimal Crime and Punishment" by Eduardo Ferraz and Rodrigo R Soares @eeanews.bsky.social Teaching materials available: www.eeassoc.org/teaching-mat... doi.org/10.1093/jeea...
Socially Optimal Crime and PunishmentAbstract. This paper develops a dynamic equilibrium model of crime with heterogeneous agents and human capital accumulation. Agents decide whether to commidoi.org