This course will provide the theoretical framework for understanding optimal crime policy, as well as the empirical work that both tests the theory and helps set actual crime policies.

Specifically, the course works through the economic model of crime, comparing it with sociology, psychology, and criminology models.  We then examine the empirical work on the relationship between policy choices (e.g., level of policing; severity of punishment) and crime levels.  In a cost-benefit framework, we discuss how optimal crime policy is determined.

We also analyze non-policy influences on crime, such as economic conditions, demographics, and culture to help determine why crime varies so much from place to place.