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Date: November 25, 2024 Mon

Time: 8:23 pm

Results for engine immobilizer

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Author: van Ours, Jan C.

Title: The Engine Immobilizer: A Non-Starter for Car Thieves

Summary: We provide evidence for a beneficial welfare impact of a crime policy that is targeted at strenghtening victim precaution. Regulation made application of the electronic engine immobilizer, a simple and low-cost anti-theft device, mandatory for all new cars sold within the European Union as of 1998. We exploit the regulation as source of exogenous variation in use of the device by year of manufacture of cars. Based on detailed data at the level of car models, we find that uniform application of the security device reduced the probability of car theft by an estimated 50 percent on average in the Netherlands during 1995-2008, accounting for both the protective effect on cars with the device and the displacement effect on cars without the device. The costs per prevented theft equal some 1,500 Euro; a fraction of the social benefits of a prevented car theft.

Details: Tilburg, The Netherlands: Tilburg University, Tilburg Law and Economics Center, 2013. 27p.

Source: Internet Resource: CentER Discussion Paper Series No. 2013-004
TILEC Discussion Paper No. 2013-001: Accessed January 29, 2013 at: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2202165


Year: 2013

Country: International

URL: http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2202165


Shelf Number: 127418

Keywords:
Automobile Theft
Car Theft
Crime Prevention
Engine Immobilizer
Vehicle Theft